ZILUSD - Similar BottomsSimilar higher low bottoms, price is attempting to breakout of a strong downtrend
Good for the bulls, much less for the bears
Horizontal lines intersect with each bottom point
Zilusdt
ZIL has 2 possible movement scenariosZIL has created an Inverse Rounded Bottom Pattern which means the price should do a bit of correction and goes bearish for sometime. the Pattern has not been broken yet but when it happens, the price shall Decrease as much as the measured Price movement which is shown on the chart.There could be another Scenario which will be that the Price breaks the pattern Upwardly and Reach the resistance level that is shown on the chart and why is that possible? well if you pay attention to RSI, you can see that the price has reached the oversold area which is a bullish signal so we should consider the possibility of a bullish movement as well. The Price shall do a movement pretty soon so we can predict the incoming movement right after.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
The price has reacted positively to the strong monthly supportZIL has registered a growth of more than 45% in the last 24 hours. The price has reacted positively to the strong monthly support area, confirming the fake breakout of the previous floor support area at $0.020. Therefore, due to this high buyer power, if the daily candle closes strong, pullbacks can create strong positive reactions. One of the resistance levels that can cause many negative reactions is considered in the range of $0.027 to $0.030.
Therefore, considering the high power that can be created at this level, the possibility of forming a range area below this resistance is high. The potential for a trend reversal is built into the daily time frame, and simply making a higher floor that leads to a higher ceiling can help reverse the trend. The bullish candles are in the spike phase on the 4-hour time frame, which, if a pullback is observed, can enter a narrow bullish channel to fully hit the plotted resistance. If ZIL breaks through resistance, it has a high potential for further growth in the long term and very high targets.
💁♂️ ZIL/USDT _ 12H 💁♂️ HI Everyone
As you can see, the price is fluctuating in the specified box.
If the price can penetrate above the 0.02360 range, the possibility of price growth up to the 0.02490 range can be considered.💹
Support range 0.02226/0.02120 ‼⚠
The range of resistances is 0.02490/0.027❗
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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Good price for ZILThe current market gave us a good entry point for ZIL.
Why is it?
1.
Zil is a blockchain for casino, betting and gambling intudsry.
Zil develops web3 games
Zil announced own web3 console (physical product BTW). And showed prototype.
I expect release of console and growing token price to more than 1$.
“ZIL” IS GOING BY THE STRUCTURE DOWN!After seeing a loss os momentum on the 4H timeframe, we can see on the 1H a break of the low creating lower-low and its being retested now. The target as we can see on the 4H is giving us almost 1 to 4 risk to reward ratio. It’s better to use trailing stop-loss.
“None of these are a financial advise, is for education only”
ZILUSDT Testing Support and Into A New ATH After Correction EndsZIL Uptrend Looks Decent, Currently Testing Support levels and waiting for the correction to end so we can Resume our way to the Top, No Solid Trend penetration till this moment, It's Possible to break the trend line, an update is coming after a technical sign shows up, Till now we are eligible to enter the trade.
Trade Infos>>>>>
Entrance Candle: Bullish Harami ( Reversal Of Bear Price )
Trade Type: Swing
Average Time: 1 - 2 Months
Wallet % : 10%
Entry Area: 0.185 - 0.16
TP: New All Time High ( 0.28 )
Estimated Profit: Average 70%
...............
Notices: 1- Sticking to instructions is better for maximizing profits.
2- check the trade type and average time... If you are not patient ignore this trade.
3- Stop Loss isn't required since we are in a bull run and Targets will be reached eventually.
4- If you are willing to take the trade with more than 10% of your wallet .. do so at your own risk ( mentioned Percentages are recommended ).
5- This is not a Self-Biased thought... it's an Analysis based idea.
ZIL/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ #ZIL/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: regular (Long)
Leverage: Cross (2X)
Entry Zone:
0.03199 - 0.02976
Take-Profit Targets:
1) 0.03253 - 25.0%
2) 0.03416 - 25.0%
3) 0.03584 - 25.0%
4) 0.03774 - 25.0%
Stop Targets:
1) 0.02907 - 100.0%
Trailing Configuration:
Entry: Percentage (0.5%)
Take-Profit: Percentage (0.5%)
Stop: Breakeven -
Trigger: Target (1)