Cardano Following Zilliqa - UPDATE close up fractalCardano Following Zilliqa - UPDATE close up fractal
In the title. See related idea, this is zoomed in on that idea.
Lets see how this unfolds, so far so good.
ZILUSD trade ideas
ZIL/USD 2 hour chartThis is my opinion on what could happen to ZIL. Currently, there is a bullish hammer pattern forming.
Could be wrongMoney from BTC is coming. Waiting on the 50% retracement but it should happen soon. Buy the dip. The fractal I took is only from the one on the elliot wave. I think .30 is coming.
Bullish Flag Clear bullish flag has formed and about to break out in a direction most likely favoring respected bulls.
Peace, Ardalan
ZIL about to break out of the inverse head and shouldersBig moves might be coming for Zilliqa very soon.
ZIL/USD longHello guys, this is how i see the trend for Zilliqa in the next days. For me this coin has a very good potential.
*This pattern is the same when DOT was in 5 dollars. Now we know the actual price.
Zillica looks like its time! Looks like this one is about to take off! Broken descending wedge pattern.
Zilliqa breaking through this channel possibly 1st quarter 2021I have a hunch that if Zilliqa breaks through this channel and heads to break its previous all-time high of $0.23 we may see a rise to between $1 and $3 then retracing back to under a $1. Please do not take this as trading advice as this is only a speculative position I am taking on Zilliqa. This may never pan out but with all the hype in BItcoin and the massive amounts of institutional money pouring into this market I really believe Zilliqa will be primed for whale activity and we may get blown away with price movement in the short term. The green line above the channel is the breakout and the red is the retracement back down to possibly make contact with the channel but never pierce through it. So the channel may act as support for Zilliqa as it heads to this $5-$8 target or higher.
Notice the red line above the channel, this is the trend for the Beam Bands I have set on previous chart. If we break through the $0.23 ATH then it could be we may target the top of this beam bands and hit a price of $0.33. if we break this $0.33 range then we go higher and like I mentioned above we may go between $1 and $3 before we retrace back down to the channel as support. Who knows, I could be dead wrong here but an interesting possibility.
How does a 60% discount sound like?It sounds like this chart above.
Foremost, Happy New Year! Indeed it has been, right?
$ZIL surpassed expectations as Cycle Wave II's compressed consolidation resulted in an explosive end of year run, briefly breaking Jul 2018's resistance.
Let's start the year with a macro view of $ZIL's performance in the short term ( ~9days to 50days ). So, good news and bad news.
The good news is that I do not personally feel that this bull run is over, shown here with my bullish estimation of an upcoming Wave V ( target price $0.11-$0.12 ).
The bad news is that I do not personally feel that Cycle Wave IV ( a corrective zig-zag ABC ) is over. Over the past few days, Bears are running riot as Bulls are taking a deserved breather. We can take Aug 2018's high of $0.049 as our immediate support level, which coincides with a Wave IV fib retracement 61.8% ($0.047).
Nevertheless, $ZIL is playing out within the 'buy the dip' range of $0.047 to $0.069.
So should one buy $ZIL today? 60% discount..
ZIL outlook with 5x potential gainZIL is having a pullback, a good time to reenter the market.
a big long inverse H&S is completed with target pattern at $0.5.
$ZIL BullishI see potential breakout of this falling wedge on 01/03/2021 or 01/06/2021. My personal price target at about $0.12. I feel that a breakout has a higher potential for 01/03/2021 due to strong diagonal support line from initial breakout. Falling below this support will make a tougher breakout to the upside short term. Have fun!
Zilliqa facing 3 levels of supportZil broke out of the white line pattern and retesting upper trendline. Also moving in a bigger pennant structure (pink lines) and testing support again. Also making the yellow line as support (yellow line is daily support)
ZIL - LongZIL has grown 3x in a month’s time from $0.03x towards $0.08X. ZIL has established a support at $0.0764. As long as ZIL stays above $0.0764, we can start seeing a move towards $0.085, $0.096, $0.105 and $0.113. Failure to hold the support of $0.0764 could lead to a drop towards $0.0686.
Bull PennantMay not get the dip I wanted, will see how this pennant plays out a close above and subsequent volume and thats an easy long signal. Target would be $0.15-$0.16
ZIL: Following DOT?Hey guys, just comparing Polkadot (DOT) to ZIL, appears ZIL is having a slight delay to a 30% pump to 0.15 cents USD. I am extremely bullish on ZIL, and think once we get on tier 1 markets she’ll explode to the 0.30 - 0.50 cent range like GRT, similar support and popularity in the community with massive potential.
Just like DOT and SNX, I see ZIL and GRT (also INJ) having massive upside. Not financial advice, just my 2c.
