ZILUSD trade ideas
Will ZIL Crypto Price Breakout Sustain For A New High?The weekly technical chart of Zilliqa price hints towards a strong upside trend and can soon see a new high in the future. In contrast, the coin price has seen a pump of more than 12% in the intraday session. ZIL price upside trend may face a threat near the value of $0.08 . The support price of the asset in the downtrend can be seen near $0.03. ZIL coin price is currently trading below 200 and 50 Daily Moving Average, with an upcoming bearish crossover. The 50 DMA of the asset has been near the value of $0.06 which can act as a temporary hostile region for the price . The coin price is currently forming a bullish pattern which can see a push to a new high. If the price of the asset jumps 15 to 20% above the current level then a strong momentum can be seen. ZIL/BTC pair might also see a strong trend in the future
Not Financial Advixe — However wgmiZilfam this is fun I’m learning and understanding how charts work. I drew these trend lines and they seem to be doing well in terms of accuracy. Not financial advice but lmk what u think. If there’s any trolls here I’m open to listening and learning but don’t just spew bullshit out of your mouths.
Veazy
Zilliqa (ZIL) can start a big reversal from triangle's supportHi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).
Channel and a triangle:
On a daily time frame, Zilliqa had a fake-out from a down channel and formed a symmetrical triangle above the resistance of this channel. Finally, priceline broke down the support of the triangle and re-entered the channel again. Now we have strong support at $0.053. Therefore, there is a possibility that this time the price action will not test the support of the channel.
Huge triangle and SMA support:
On a weekly time frame Zilliqa has formed a descending triangle and it may test the support of this triangle once again. Right now it is very close to the support. There is also 200 simple moving average support below the support of this huge triangle. Therefore, the price reversal is very much possible.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Zilliqa ($ZIL) FIBZilliqa ($ZIL) FIB: $ZIL continues to use BB LL as support whilst respecting $0.0585 FIB support. $ZIL, an incredible discount and now would be the easiest time to accumulate 1M $ZIL. You don't need to outright buy 1M $ZIL. You can buy a big bag and trade up to 1M $ZIL. Still within realm of reality
ZIL WEEKLY CHART HAS HIDDEN BULLISH DIVERGENCEZIL weekly chart. This chart is looking bullish. price targets
listed in the blue. This chart formed a nice bull pennant and
with how the RSI has a lower low, this has HIDDEN BULLISH DIVERGENCE.
ZIL bullish linear scale scenarioCurrently sitting on wave 1 parallel channel from previous bull run.
DISCLAIMER ON
This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about cryptocurrency market in general and may be used only for educational purposes.
Zilliqa ($ZIL) FIB and $0.085 TargetZilliqa ($ZIL): $ZIL still holding tightly to $0.07729 FIB resistance and 50MA. The BULL battle is not lost as long as the MACD trends above the signal line and the RSI keep above 50.
What's next for $ZIL to hit $0.085? I would like to see:
1-Close above 50MA and $0.0772 FIB resistance
2-Confirm close above 50MA and $0.0772 FIB
3-50MA crosses over 200MA
4-Close above golden cross 50MA
5-Confirm close above golden cross 50MA
6-Touch upper BB at $0.085
LONG ZILLIQA METAPOLISIm very bullish on zilliqa as the network is working to launch a metaverse called metapolin. Im whale-ing zilliqa in my cryptowallet and staking it to eran daily interest on my holdings. WIN WIN. I believe we could see a higher all time high in the month of jan 2022 if they launch successfully and on time. Thanks please like and comment.
$ZIL AT SUPPORTzilliqa
at channel support
18 week ma support
stochastic RSI - oversold
possible next wave
1.382 fib = $1.05
1.618 fib = $2.60
Zilliqa ($ZIL) FIBZilliqa ($ZIL) FIB: Potentially playing out the perfect cup & handle. FAs 100% solid. There is no reason why $ZIL can't touch $1 in the near term. $ZIL was slow out the gates but will probably be the strongest finisher. Coins are not meant to go parabolic. $ZIL is proof that the best is yet to come