Zilusdt
ZIL/BTC TA Update (Bulls are back?)ZIL/BTC
Zilliqa is starting to make a move again, it is visible as the candle yesterday closed Bullish.
The fact it has been trading above 50 & 100 Day MAs, short term momentum is to the up.
If ZIL can break above 82 sats, expect the price to continue strong to the upside.
ZILUSD - Minimal Chart AnalysisHey guys!
Looks like another ALT that has some some space to move is ZIL / Zilliqa. We have:
Massive RSI Divergence
Smaller RSI Divergence
Huge Falling wedge (ABCDE on the chart)
Double Bottom
I want to keep my analysis with as few indicators as possible. Too many indicators were confusing me in past times.
Happy trading!
ZILUSDTZILUSDT
if you apply the smma 200 you will notice that is already touching the red line of the down trend channel, so if the price remains above the smma 7 and smma 200 and still withing the small uptrend channel, We Will have a big chance to hit the target area, if the price goes does into the sideways channel (dotted yellow lines), then the price will drop to the base line where deppending of the STORSI may go up again; remember that this is related to the BTC price as well, so You need to pay attention the BTC market. to take the best action possible.
ZILLIQA UP TREND CHANNEL HOLDING $ZIL $ZILUSDTUptrend channel holding for quite many times, expect bounce this time too, nice R/R for long, stop loss will be below the uptrend line after candle close confirmation.
TP 1 will be in the middle line of the uptrend channel, TP 2 aim for the high of the channel.
ZILUSDT V.S. ZILBTCBoth are trying to break the resistance, let's see if can break successfully, in case do so, buy on the pullback.
Zilliqa/Tether (17 May) #ZIL $ZIL #USDT $USDTZIL is in the process of re-testing the support line. I checked and there's a high possibility we will test successfully. Because we are in RED Market, please divide your capital to prepare for possible bad situations
The recommend buyzone is 0.0164$ and 0.0154$
ZIL still owes us the 0.02265$ level. I expect ZIL can do it
Stoploss if price is lower than 0.015$ and will consider buying back at 0.014$
ZILUSDT possible break out .BINANCE:ZILUSDT
I see a bullish reversal scenario on ZILUSDT chart, including:
- Price broke out downtrend resistance.
- MACD has positive crossover.
- Volume increases day by day.
Following Long (Buy) on ZIL can give quite high reward-to-risk ratio trade.
Buy zone: 0.016 to 0.018
Targets: 0.020 (14%) | 0.022 (25%) | 0.025 (42%) (green boxes)
Stop-loss: Below 0.016 (-8%) (red box)
P/S:
- Target and stop-loss areas as shown in chart.
- 2nd target is highly likely can be reached this week.
- Trade with your own risk.