Zilusdt
ZILUSD on bitfinex where are we going?on the Bitfinex exchange Ziliqa reached the lower channel line and there was a strong ransom, this is a sign of further growth. Considering that a saucer or a cup with a handle was formed earlier for more than a year, the growth will be strong ... On the chart, I drew a possible movement of the coin with arrows.
Weekly timeframe.
This idea does not mean a guide to action, this is my personal vision of the situation ...
When to buy into ZIL (ZILUSDT) againHi Traders
Descending triangle on ZILUSDT on the daily implies a downwards breakout. ZIL moved really nice lately but I do not expect it to go back to its latest top. The blue region is the first one where I will consider to make another buy in.
In case we go down further, I marked two more blue regions where I will take a closer look at price action to consider a buy in.
ZIL.USDT (Y20.P3.E2).StalkingHi
(for my ref: D.charts)
Zilliqa has done well so far this year as its propelled ahead as a Defi Leader as the chart suggests.
Looking at the Macro level we see a strong uptrend and a pullback which looks like a nice shape, organised.
If you ignore the black swan effect, one can assume this could have been a nice rounded bottom.
Area of interest is this section and the daily candle suggests, when its completed like a lot of alts, that a nice bounce is due while BTC consolidates.
Here are some charts to give this perspective of another good opportunity based on past performance.
PS> I drafted this about 3 hrs ago and just got to publish it now.
Note the 1037% since this years bottom and just now a 47% pullback.
The Stochastic suggesting a potential squeeze happening > to the upside.
More importantly, BTC pairing has a longer history and you can observe against bitcoin, the formation and confluence for a reversal formation
Cheers,
S.Sari
Note: Lucid SAR bullish
Note: Fib level boost (x2) + EMA of 10\20 on the daily level with an uptrend.
Macro level overview with a potential handle in the making
3 day view, upward pressure with near resistance.
ZILUSDT - Bullish bias for the midtermTECHNICAL ANALYSIS:
Cup and handle formation on the weekly timeframe. This could lead to a bullish breakthrough of immediate resistances and might shoot up to 05c in the midterm. Time will tell how much further it could possibly go. Global support at around 016c, which thankfully hasn't been breached yet when BTC made it's moves.
Timeframe given on the chart is for reference and may not be accurate, it could stretch a little while longer to reach the potential targets
Setup will be invalidated when:
- Global Support is lost
- BTC makes any major move
- Fails to break resistance after handle formation
DISCLAIMER:
This is a noob idea, I am nowhere close to an advisor. Please DYOR and DD. You are responsible for your own profit or loss, I may also have been inaccurate in plotting support and resistance lines.
What's Up With Ziliqa?If you're HODLing bags of ZIlUSD then patience will get you through the night.
Ziliqa is on a consolidation phase that may last a while longer while other coins are rising higher.
Zooming out on the 3-day chart reveals the trading range for major consolidation
Despite breaking out of the current trendline, the 6-hour chart shows momentum is still pushing down. We'd want to see an 8% gain to get back above water in the near-term.
ZIL/USDT (Flip Old Resist>New Support?)ZIL/USDT
-after the trendline breakout
-the price has pullback to previous resistance
-and has the chance to flip into new support
-there is also a new upward trendline support
-aggressive buyers can enter the market at this area
-while breakout traders will wait for the resistance at the 1950s
-and enter a breakout confirmation
-the upside target is up to 2130-2600s
ZIL/BTC (Break Trendline Resistance?)ZIL/BTC
-touches to 50D MA twice and reacted bullish on it
-the 170 sat range is also an are of confluence support
-we can the price challenging the daily trendline resistance
-the more it get tested, the more it gets weaker
-you can enter the break/close of trendline
-have a stoploss below the 50D MA
ZIL/USDT (Trendline Resist Retest)ZIL/USDT
-a strong bounce from the 1490s or 20% move up
-testing the trendline resistance
-if we are looking for a bullish entry
-we want to see a break of the trendline
-comeback and retest to become new support
-that's a good Buy position and target the up to 2122-2666
-stoploss is placed under 1490