Zilusdt
ZIL 1D It's time to correct the rapid growthAlmost a month has passed since the publication of the previous idea for ZILUSDT, and during this time a lot of interesting things have happened.
We wrote that it is doubtful that the price zone of $0.35-0.40 will break through the first time.
And so it happened, the price fell by -16%.
And then the published announcement of the main network update Zilliqa v7.0 , organized a strong price increase. + 250% in half a month is a cool result.
As we see from the chart, around 21 December, there was a price hitch, in anticipation of whether or not the update will be implemented.
When the developers wrote that the update happened, the growth continued.
On 27 December, the developers wrote that they had found a bug and fixed it in version Zilliqa v7.0.2. It would seem that there is a positive news background - growth should continue, but ironically, it was then that the ZIL price high was fixed.
Such rapid growth must be corrected.
Therefore, now we see the maximum possible growth to $0.0865 , and then a minimum fall to 6 cents per ZIL.
Although the level that needs to be tested for strength from above, according to the laws of TA, is in the zone $0.035-0.040.
And mid-term investors were gaining ZIL in long in the zone $0.0175-0.023 and we think they do not mind buying ZIL there again, which they sold out the day before, fixing a decent profit.
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ZILUSDT's future will clear here!As you can see, ZILUSDT is in the sideway area, ZIL is resting in this area, by breaking the sideway area, everything will be clear, but the failure of the triangle is also important, no further explanation needed Other information is mentioned in the image.
Thanks for your attention, the ATcrypto team
✳️Zilliqa/USDT Analysis (28/12) #ZIL $ZILThe strong selling force has appeared on ZIL's price chart so ZIL's uptrend may be over and ZIL will fall sharply in January.
However, the market is quite strong, so the possibility of going sideways and increasing of ZIL is still possible. This could happen if ZIL continues to fluctuate around 0.085$ zone until mid-January. If this happens, we should not trade, wait for a more positive signal then trade.
📈BUY
-Buy: 0.056-0.058$. SL if B
-Buy: 0.049-0.051$ if A
-Buy: 0.034-0.036$ if A
📉SELL
-Sell: 0.056-0.058$ if B. SL if A
-Sell: 0.049-0.051$ if B. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
$ZILUSD - Pay close attention to these levelsHello everyone!
Looking for another buy opportunity here
Two levels to watch:
L1: 0.79270 Major static and dynamic support
L2: 0.89970 Major dynamic resistance, Fibo 0.618
The pair is still above the support and MA100 and 200.
The drawings on the chart are to replicate the expected ABCDE correction movement inside the triangle, though no confirmation yet, like always best to buy when breakout is confirmed and best to sell when breakdown is confirmed.
ZIl to retest ATH soon? ZIL just recently released their Ecosystem Growth Report 2020, which you can read in their website.
So amazing, unstoppable ZIL is approaching $0.10 resistance area.
But for 2020, I'm looking at 0.618 fib or around $0.15 as possibly closing price. Breakout to this could possibly retest ATH.
And more exciting things coming for 2021 that could create new ATH.
Support is seen at $0.05.
Trade Cautiously.