Head and shoulders, potential short term reversalDrew this neckline a few days back and it seems to have respected it after two tests, one of which was a quick test today. I would say sit back and relax before FOMOing into this coin. Take your profits if you had any. If BTC breaks $9k, ZIL will dump with big investors taking profits from ALT coins. Same reaction that happened when the stock market went down in March. Be careful and have your dollars ready :) ZIL still on the highly bought side on the daily. Would be healthy to see RSI head down to the oversold for a little before returning to a median value.
ZILUSD trade ideas
ZIL/USD- 48 Hour retrace ending?I think those that have found an entry recently at support are in a strong position.
Indicators suggest it's time to turn the ZIL ship skyward again.
I'd be looking for a move out of trend line or possibly a retest of current support for entry.
A fall through to lower support would be ideal but I think the bullish sentiment around this project won't let that happen.
Keep an on eye on it over the next 24 hrs.
As always, not financial advice, just my own thoughts and TA.
Thoughts and feedback welcomed.
Bingaz
zill broke the trend line hope you did not FOMO in at this point out of zill happy with what i have targets are there , short if you like
ZILUSD Price Analysis: Trading in a triangle above support ZILUSD Is trading in a steady growing uptrend with its uptrend line estbalished and already holding
For now it is consolidating int a symmetrical triangle which is more bullish than bearish
ZILUSD is still trading above the 55 and 20-EMAs and has some good support at the uptrend-line.
The next will be that the triangle confirms and there are somme interesting targets at the upside.
For now it is more possible that the triangle confirms bullish as bearish because there is strong
support all over the place but in case it confirms bearish this will be confirmed with a clear
and decisive break of the uptrend-line down.
The RSI is sending some moderate signs which can definitely change to the upside because that
comes often after the RSI consolidates in the middle.
TREND: Sideway
EXPECTATION: Breakout
TREND AFTER EXPECTATION: More likely upside
MARKET OPEN (JUN 13 16:49 UTC)
PREV: 0.02599900
OPEN: 0.02599900
VOLUME: 332.888K
DAY'S RANGE: 0.02280000 — 0.02673000
ZIL/USD- Further Gains?Quick Update on my thoughts for Zil's near future-
Watching for break from current resistance or retrace to support for entry.
Using very short time frames here so (grain of salt)
As always, charts are not financial advice-
Just my own thoughts and TA.
Have a profitable weekend!
Bingaz
$0.0282 is inevitableConfluence of 3 things:
1) The magic curve that continues to be respected
2) Major Fib circle level
3) Boundary of Pitchfork
Normally it would retrace after that, going by the declining volume, but with Staking beginning next week and HG Exchange on the brink of exploding the volume of ZIL trading soon, taking profit here would be a huge gamble.
"No Gimli, I would not sell unless I had no other choice"
ZIL/USD - Update: Consolidation before next bounce?Congrats to those that took the latest break for some solid gains.
Support seems to be holding quite a tight line.
Some lower support lines should link up with current PA in the next few days which may bring potential for another big pump however a loss of the parabolic support could see a deep dive.
Indicators suggest a need for some consolidation before progressing further North.
Zil has already been an absolute cash cow so some there's higher risk with entries here.
We originally called ZIL out to our trading group on May 12th with an 80% Target within 40 days.
Email was titled "Zil - A Sleeping Giant" for those that remember.
Needless to say it's surpassed expectations and last night hit 191% to the good in about 26 days.
(Congrats to those involved early, caution to those entering now)
As always, not financial advice, just my thoughts and TA.
Have a great week.
Bingaz.
$ZIL riding the pitchfork to the moon!A disclaimer - I do not plan on selling my ZIL stack until it hits $1.00.
Like it or not, this has to be one of the sexiest charts in crypto right now.
All indicators point to a one-way ticket to the moon.
However, if you're looking for a good, conservative place to sell, I'd wait until it breaches the red line on the pitchfork. Best of luck to all of you!
ZIL/USD- Broke from Downtrend- Retest or Straight pump?Zil broke from it's downtrend last night as the retrace met support.
Slight retrace from resistance after that 10% push as traders protect gains but well supported.
I'm still bullish here - an early position has given me comfort room before this entry has me breathing into a paper bag.
2 support levels coming up to meet retracement could also help push this higher
I'd like to see a further 6% before next resistance and reassessment.
Should be a good weekend for ZIL
Apologies on the previous chart - (Poorly drawn support line so levels we're slightly skewed)
As always, not financial advice, just my thoughts and TA
Bingaz
And.. just noticed as I write this we are breaking to the good. (- targets indicated but retest still plausible)
Hope everyone has a profitable weekend.
ZIL/USD - Important support level approaching!ZIL has continued to slowly retrace as some exit with excellent gains and some enter hoping for a further push.
The upcoming support levels, if held, will continue the strong bullish sentiment for Zilliqa and may cause us to break the current downtrend and push north again.
It's one to keep your eye on as a fall through to lower levels may present a good entry price.
Zil continues to dominate across social media platforms and community sentiment remains high.
I don't think it's done just yet.
As always, not financial advice, just my own TA and thoughts.
Any thoughts or feedback welcomed.
Bingaz.
ZIL/USD- Entry Idea.Zil has been the gift that keeps on giving for the last couple of weeks and those that aren't already holding may be seeking an entry.
The dip across the board last night created an entry window but it was brief to say the least.
Possible entry opportunity coming up-
(Charting short times frames isn't ideal but these 1 hr candles seem to work for this idea)
Not ideal entry price but the sentiment on this project has it holding higher than perhaps it should.
Look for the break from downtrend or a supported retest for the potential upside.
As always not financial advice, just my own thoughts and TA.
Bingaz.
ZIL/USD- Entry on ZIL? Due for Retrace? We have seen Zilliqa be an absolute monster over the last couple of weeks and enjoyed success when the 'cup and handle' played out perfectly.
We exited here at 80% to the good and are now looking to re-enter this project.
Due to the angle of this pump it is hard to chart but currently looking for a retrace to previous support for possible entry.
Apologies to those that are currently long on this because I'm hopeful for a rejection and subsequent retrace.
I am however long on this project overall. (Just being greedy on finding a suitable entry)
The indicators suggest it may happen but all bets are off if we break from this already bullish resistance line.
As always, not financial advice, just my own TA.
Any feedback on entry price here would be appreciated because I'm very keen on an entry sooner rather than later with this project.
Bingaz.