Zilusdt
Bullish signs apparent HERE are resistance levels to watch forThe current situation:
1. Price action is now above all major moving averages with the latest one it just gotten above to be the 3D 21MA at about 0.0195 USD, which is a bullish sign. It is important to see if the price action closes above this moving average however as falling below it may change the situation.
The price action is still apparent within the roughly rectangle pattern, with resistance to be expected at about 0.275 USD and above, where the top trend line is.
2. Increasing buyer volume is trending with higher price action on the 6, 12HR and daily chart. This is a good signal as more buyers are still coming in to push the price higher.
3. Possible bearish divergence can occur on the 1, 4, 6, 12HR and daily chart so this may still signal a pullback if they play out.
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ZIL/BTC Testing Resistance for a BreakoutAs you can see from the chart, ZIL/BTC has been retracing since its massive rally in May-June. Until now, prices have been trading just below the 200 EMA for all of September.
Here we are looking at the daily time frame for ZIL/BTC on Binance. Over the last couple days, we can see increased volume on ZIL/BTC. Also, prices are now trading above the 50, 100, and 200 EMAs, which is bullish. The MACD has crossed into bullish territory and the RSI is strong too. I am currently bullish on this chart but waiting for the breakout for confirmation. This chart can easily print higher highs on a breakout, and the potential immediate breakout targets are 230, 280, 330, and 380 satoshi. Keep your eye on this one!
ZIL/BTC is however facing some resistance in the 185-190 satoshi range. There may be some rejection here, at which point we can wait to see the price retest the immediate support in the 150-160 satoshi range. But, if ZIL/BTC breaks out, then we can look to enter long in the 190-210 satoshi range.
Leave your thoughts and comments on whether you agree or disagree below. Also leave a like/follow if you liked the analysis! Thanks for reading, happy trading.
Price at writing: 0.00000182 BTC (182 satoshi).
Zil/btc break of downtrend channel and hold supportZil/btc
After break of downtrend channel zil/btc on good support now
If it can hold support at 167 sats few days or maybe hours (lol)
High chance we can view big move in short term toward :
TP 1 = 198 sat
TP 2 = 220 sat
TP 3 = 245 sat
Stop loss daily close below 162
Zilliqa in a ascending triangle!I pretty busy today, but still wanted to post some analysis for you guys.. :)
Zilliqa is in ascending triangle formation, which has bias to break to the upside.
Buy in ascending triangle, ideally on the uptrend line.
Take profits at
1720 and below 1800.
Leave the trade if the price goes below 1580.
This should go well!
Tibor
ZIL.USDT (Y20.P4.E1).Looking for an entryHi All,
Most ALTs are doing bottom formations before we see many brake out.
Zil is one of those who has a decent trend, most important to reduce your risk exposure.
Keeping it short, I see this bullish for the next two weeks.
Based on the chart and indicators, with the BTC dom. dropping while BTC it accumulates \ consolidates sideways, we see the ALTs rise.
Here is my thoughts on Zilliaq for the short term.
Note the following:
> the structure at the macro (wedge structure) level and micro level (ABCDE) reversal;
> the % returns from the bottom to the Aug high 1215%
> elliot 12345, and looks like the ABC correction is complete;
Cheers,
S.SAri
Note the eMAs and fib levels.
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Daily chart
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2 Day chart.
Note the double bottom, + RSI bottom double bottom with bullish divergence on the Phoeix, and the Green RSI passing the 50% mark. A sign of strength.
My hypothesis for now
ZIL/BTC (Testing Key Support)💎Technical Analysis Summary💎
BINANCE: ZILBTC
-Zilliqa is now testing key support area at 120s sat
-It is also trading inside a descending channel
-If the Bulls can show up and give any reversal signs
-I recommend buying the breakout of the wedge
-The upside potential is up to 200 sat area
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Ziliqa facing a 30% drop targetCharts are looking bearish with a big general market drop becoming more likely.
Zil is struggling to reclaim support which means resistance is mounting.
MACD is pushing down with the next support level shown at 30% below current prices.
SparksterSignals for BTC and ETH help paint the big picture for market volatility. Check out the link below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
ZILUSDT AnalysisI am bullish on ZIL at the moment while EngineeringRobo remains Bearish.
If you are currently holding ZIL at the moment, You should consider holding to sell at the resistance level (0.0195) or with EngineeringRobo sell signals
If you are planning to buy, wait for EngineeringRobo buy signals or buy at uptrend support line.
No matter which level you are buying, watch EngineeringRobo signals carefully. If you are wanting to use EngineeringRobo, DM me!
Zilliqa breaking out from a bullish pattern!If you follow me, you know that Zilliqa is in daily cup and handle pattern, and currently is breaking out from the handle. I expect the price of ZIL to go at least to $0.028 in a week or more.
Zilliqa is currently breaking out from a falling wedge bullish formation.
Buy at the nearest 5 min support, or buy market.
TP is below 0.02600 (13% from current price).
RSI found decent support at 40, and currently has to break 60 in order to continue breaking out.
MACD has confirmed a buying wave by a second tick of buying wave.
EMA's performed a "slide".
Good luck with this trade.
Tibor
ZIL/BTC (Trendline Resistance Retest?)ZIL/BTC
-Zilliqa is currently testing previous support area at 174 sat
-The price is holding this range for 2 weeks already
-The 200D MA is now following the price
-This is an aggressive entry if you are expecting the price to break higher
-But I always recommend buying the breakout of this trendline resistance
-Buying the breakouts signals a strong potential trend change
ZILUSDT, So symmetric picture!One more confirmation of the power of crypto levels!
Every time the price cross it, we can see a reaction.
Just use it if you trade such altcoins.
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