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Zilusdt

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
Zilliqa's Thin Ice: A Potential Bullish Turn or a Strong Sell-of💎 Today, #ZILUSDT has made contact with a crucial demand zone, simultaneously reaching the lower boundary of an extended descending channel. In tandem with this, we've observed a clean bounce off the 227.2% Fibonacci retracement level. These factors collectively suggest that we might be at the bottom. 💎 If the price manages to stay above today's low, it could signal a shift towards a bullish trend. While we're not necessarily forecasting a long-term uptrend, we can anticipate a relatively strong pullback. 💎 Keep a close eye on the $0.024 resistance level, which corresponds to the commonly observed 61.8% Fibonacci retracement level. If the price manages to break past this point, we could see a double top forming near $0.025. 💎 However, tread lightly, ParadiseClub members. FWB:ZIL is treading on thin ice. A new lower low could trigger a strong sell-off. Stay vigilant and join us in monitoring the current price action.
Long
by MyCryptoParadise
Crypto ZILUSD (Watch it closely) View On ZILUSD (18 Apr 2023) ZILUSD is in * Slightly Bullish in short term (Intraweek) * Neutral in Mid term (1 to 3 months) * Bearish Long term (3 months onward) We are seeing some bullish pin using as 0.0226 region support. 0.02176 will be the next support. We need to see more bullish candle to take place and 0.026 will be the next resistant. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading crypto, foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
BINANCE:ZILUSDLong
by SonicDeejay
SasanSeifi 💁‍♂️ZILUSDT /LONG VIEW 👉3D ⏭ 0.033/0.037 ⬆ Hello everyone ✌ In the long-term timeframe, as you can see the price is currently trading in the 0.030 range of the long-term downtrend line. I think if the 3-day timeframe candle closes above the 0.030 range. The price will grow up to the target range of 0.033/0.037 and the FVG range of 0.040. We have to see how the price will react to the long-term downtrend line. ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Long
by SasanSeifi
ZILUSDT → Retest of previously broken resistance ZILUSDT is doing without a strong correction so far, but it is still present. The price is currently in the green zone relative to the previously broken resistance. The resistance line of the descending channel plays a key role at the moment. If the trend break is finally confirmed, the price can show strong growth to 0.0500 and 0.0700. BUT! The cryptocurrency market is being dragged down by the correction of bitcoin and several large-cap coins. The flagship is in a correction phase at the moment, so the local decline of the whole market may continue. Strong support: upper boundary of descending channel, level 0.0310 Strong resistance: 0.0365 I expect the formation of consolidation or false breakdown of the support with the further growth of the price towards 0.0500. Sincerely R. Linda!
by RLinda
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