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Zilusdt

Is Zilliqa preparing a rocket?Hello everyone! Many cryptocurrencies have already shown good growth and while they consolidate in trading ranges, we have Zilliqa. Currently, the asset has broken an important Fibonacci level of 0.236, but its upward momentum was halted by the 200-day Exponential Moving Average (EMA). A breakout above the EMA 200 will pave the way for the next Fibonacci level of 0.618 from the current values, which is a potential increase of 38%. Further upward movement towards the price resistance level around $0.033 can be expected, which represents a potential gain of 61%. In a market with positive sentiment, one could anticipate further upward movement towards the next Fibonacci level of 1.618 or a potential increase of 147% from the current values. The RSI also appears bullish. This is not financial advice; all actions are taken at your own risk!
Long
by neverovv
ZIL/USDT upward momentum? 👀 🚀 ZIL Today analysis💎 Paradisers,zilusdt currently, it's showcasing a captivating shift, having broken free from its longstanding descending channel, hinting at a heightened likelihood of an upward trajectory. 💎 For a considerable duration, ZIL has been navigating within a descending channel. Now, having successfully breached this channel, the odds are increasingly favoring a move to address the Bearish OB and the supply zone. 💎 Positioned in the demand zone, if the price of Zilliqa surpasses the .01724 mark, the bullish momentum is likely to intensify. It's worth noting that while some novices might be tempted to short at this juncture, it's prudent to maintain a broader perspective. 💎 On the flip side, should the price descend below the .01625 demand level, the probability leans towards a retest of a more formidable support. As always, remain vigilant and strategize accordingly!
Long
by MyCryptoParadise
Zilliqa /US Dollars (ZILUSDT) Short Selling Chance19/02/2023Technical Analysis: In this analysis, I adopt an all-encompassing approach that melds Fibonacci retracement and extension levels with Fibonacci Projection, confluence analysis, and the MACD indicator, with a distinct short sell bias for the 30 Minutes Time frame as requested on the assignment, dated on 15/09/2023, 12:55 pm on LinkedIn message section. Additionally, I'll introduce a strategic Dollar-Cost Averaging (DCA) strategy with two scale-in levels. Please refer to the chart for a comprehensive visual analysis: please zoom out the chart for better comprehension. Key Technical Observations: Fibonacci Levels: My analysis meticulously places Fibonacci retracement and extension and levels on the chart, highlighting potential resistance zones and solidifying the short sell bias. MACD Divergence: Vigilance for MACD divergence patterns remains paramount. (Bearish Divergence) accompanied with (Hidden Bearish Divergence) bolsters the short sell bias. Strategic Entry Points: I identify key entry points for initiating short positions, at $0.01620 Spot Price at the time of publication capitalizing on price movements in harmony with the overall bias. DXY is very much bullish which is an other sign that the Total Crypto Market cap may fall and ultimately BTC will dip to the lower prices the above analysis can show the possibilities of DXY rally Technical Conditions: Take-Profit Levels (TPs): To maximize potential gains from the short sell bias, consider the following TP levels: 1st TP: $0.01619 2nd TP: $0.01580 3rd TP: $0.01550 Dollar-Cost Averaging (DCA): I advocate a DCA strategy for scaling into short positions. Start with a partial position at the initial entry point and progressively adding to the short position at the following DCA scale-in levels: Scale-In Level 1: DCA Price Level 1: $0.01635 Scale-In Level 2: DCA Price Level 2: $0.01650 Stop Loss: Prudent risk management includes placing a stop loss at $0.017 which is above the 0% level of the minor reverse Fibonacci Retracement level, to safeguard against unexpected price reversals. Trading Scenario: Short Sell Bias: Given the confluence of Fibonacci resistance, a bearish and a hidden MACD divergence, and strategic entry points, my analysis strongly favors a short sell bias. Adaptability: Stay adaptable to market conditions, prepared to adjust your strategy in response to any unexpected developments. This analysis is grounded in historical data, technical indicators, and a clear bearish bias, complemented by a DCA strategy with two scale-in levels. As with any trading strategy, it's essential to conduct thorough research, adhere to your trading plan, and continuously refine your approach as we navigate the dynamic cryptocurrency markets. I eagerly await your insights and engaging discussions about this analysis, as we explore opportunities in bullish market scenarios!
Short
by BitonGroup
zilusdtzil oh zil... in the initial pattern there is a fakeout pattern which could be a fakeout v2 pattern, where there are 2 resistances in a row and it is broken through with a fakeout, this pattern has at least 2 resistances in a row in the initial pattern more than 2 resistances are better , it's just that in the final pattern you can see the HNS pattern, remember the HNS pattern is almost the same as Quasimodo, but not the same but both can be used for trading. ..and the fakeout v2 pattern can also be used for entry, but the fakeout v2 pattern can also become a fakeout v3, the fakeout pattern usually occurs at the location of the previous fakeout pattern.. this is not a suggestion for trading, so you should research first and analyze before starting trading..
by BiL_aL
ZIL/USDT Upward Momentum ??? Zilliqa Today AnalysisHello Paradisers, ZIL: A Weekly Perspective 💎Currently situated in a robust demand zone on the weekly chart, ZIL has historically shown resilience and rebounded from this area multiple times. There's a good chance that ZIL could experience a bounce and make its way back to test the supply zone in the medium term. 💎However, should ZIL fail to maintain its position in this strong demand area and close below it, the asset could potentially descend to the Bullish Order Block, where additional accumulation could be considered.
Long
by MyCryptoParadise_Nathan
ZIL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ZIL symbol. zil provides the conditions to enter the upward movement. It can move up while maintaining the green area. I specified two tp. It is not necessary to move up to tp 2, but in case of whale attack, it can go up to tp 2 For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark