ZILUSD trade ideas
Zilliqa bull pennantThis bullet pennant has a target of 0.14. Has potential to be the gas for zilliqa to go to ATH's. Watch closely, would like to see a break with volume probably wont get a retest of a S/R flip given the bullish structure of the coin.
ZILUSDA potential beast on the making.
if this turn true, ZIL will bring around 100x from its upcoming retrace.
Not a financial advice!
ZIl to retest ATH soon? ZIL just recently released their Ecosystem Growth Report 2020, which you can read in their website.
So amazing, unstoppable ZIL is approaching $0.10 resistance area.
But for 2020, I'm looking at 0.618 fib or around $0.15 as possibly closing price. Breakout to this could possibly retest ATH.
And more exciting things coming for 2021 that could create new ATH.
Support is seen at $0.05.
Trade Cautiously.
ZIL - Bullish in 2021ZIL has been a great token even since their new launch, complete with a liquidity pool, Zilswap with all kinds of tokens, and Staking. They started giving out GZil with Zil when staking, for every 1000 Zil you won in staking rewards, you received 1 GZil. Benefit: There will only ever be 750,000 GZIL ever. So a double reward staking program has certainly helped lock up the value.
Started around .017 and is now at .06, seeing some great boosts. Notice Zil has not been taking many hits when other coins do? That is a sign of a top contender. Get yourself some Zil before 2021, as I believe it will continue a great gain.
Zil is deflationary, the burn rate has doubled recently, this will only help spur price growth.
Will there be retaliation?Bag holders at .078 may push us down. Are they patient? The next 2-3 days will tell. Will there be a correction already? It's not a question of whether Zil is going up, but when from now to the next few months.
Zillions?Great Returns, but the real question is, how important is byzantine fault tolerance? I'm not sure I'm fine with the new governance zil coins popping out for stakers, but I do know it's an ok system that would need to work off another faster system even if it does do 2.5k transactions a second. I think It'll be a solid stable-ish fixed coin at 30, but will be overtaken eventually for another coin that would have to do at least 4.5-6k per.
I believe in a highly diverse, multi-coin system though. May have around 12-18 main players in the end averaging out to 4-8. Don't fret the sequence. It'll stack nicely with smaller ones. I'd call it the 8th best coin in the end if I had to make a crazy prediction. Time will tell. Again. My speq's are just to laugh at when I'm older and for people to deuce on haha.
ZILUSDT showing strong 38.2% FIB support at $0.045. Disclaimer: This is a Zuper Bull analysis. Rest assured that I'd shout 'Bears!' when I see one -- but not today.
On the Minor Cycle, a corrective Wave 4 is underway. Currently playing out as a 'bullish flag' pattern with a strong support line ($0.045) at the 38.2% fib retracement (of Wave 3's).
On the Intermediate Cycle (4H Chart), we are on an Impulse Wave 3 underway, with a target price of $0.0642.
At today's prices, that's a whopping 25% flip, especially if one dares to don the red fancy pants of the Matador and flirt with the Bulls.
A good entry point will be during this consolidation phase, if we can call it so.
Before I break for the festive holidays, I part with a slight hint of concern that however bullish as one may be, a break below 38.2% support is a point of concern.
Till then, stay safe friends!
ZIL to retest $0.10?Wow ZIL hodling strong. Next target is $0.10 and possibly road to $0.25. Strong support at $0.046. Trade Cautiously.
This Christmas may not be too kind, so hodl fast.$ZIL's price action may have performed extremely well of late but let's not get too carried away too soon, as talks of US stimulus isn't yet confirmed.
Also, what not with lockdowns appearing in many countries, along with unemployment and defaults on the rise -- but I will do my best not to rain on your parade.
Precisely why I have decided to work on a fresh calculation for ZILUSDT 4h chart -- so that we can work with a clean temple.
With the recent dip, which an Elliot Wave study strongly surmises as a corrective Wave 4, a reversal at this level would be confirmation that we are to expect a Wave 5 in the near future.
Our Target Price (TP) for Wave 5 today is $0.062 and entering a fresh position today would mean that we get to flip up 55% in profits -- but the BIG QUESTION isn't how much our portfolio can increase by, but rather has Wave 4 completed fully or only 1/3 of the way (ie we are only at Corrective Wave A)?
My recommendation would be to hold fast, dig in, and let the bulls and bears play it out further, at least until after Christmas.
Until then, stay safe.
$ZIL Bullish$ZIL I have been watching for months and it being the first blockchain with sharding technology ever and it is already up and fully running is key. Polkadot is a great project that will most likely do well once fully developed, but ZIL is ahead of its time by 2 years. ETH 2.0 will do well also. But still, ZIL is the true underdog in this battle with already cheap fees and their team are awesome. Well as you can see by the chart, this is what I am expecting!
4hours ago $ZIL broke YTD ATH's resistance & it's not too late..We are on a Minor Wave (3) of an Intermediate Wave ((3)) of a Primary Wave III.
3rd Waves are usually where the biggest moves occur, and if we are to believe this theory, then we might actually blow off the rooftop!
Before today, the All-Time-Highs for Year-To-Date has been $0.03 and it was triumphantly broken out of, to zero chagrins of $ZIL hodlers out there.
After today? Lambo.
Short term: 1.5x - 2x on your ZILUSDT umbrella trades todayLet's face it, when Bitcoin enters a bear trend (which it is in currently) altcoins are given their moment to shine in the limelight.
And $ZIL will shine so bright, you'll see pink butterflies and oreo cookies whenever you blink.
Or maybe it may blind you? Firsts, this may seem like financial advice, but it is really mere forecasts using Elliot Wave analysis on the upcoming crypto weather. Do bring along ye big-boy pants with your umbrella!
With that outta the way, it's refreshing to see that technicals are showing $ZIL is a strong buy right now.
Even better news though is that we will not be entering a bear trend until we've hit our targets, at least not till Jan 2021 arrives.
Today at $0.031, with a target of $0.058, there's a chance to multiply your trades, and if you lock your ZIls for staking with 17.25% APY (as of pixel time).
Now let's get that umbrella!
Zilliqa 2021 Bull RunChannel and Beam Bands. POTENTIAL targets are between $1.75 all the way up to $8
ZIL on the way to a 6 bagger!!!Indicator turns green....Holds above the breakout....on the way to a 6 bagger!
