ZILUSDT.P trade ideas
Zilliqa's Thin Ice: A Potential Bullish Turn or a Strong Sell-of💎 Today, #ZILUSDT has made contact with a crucial demand zone, simultaneously reaching the lower boundary of an extended descending channel. In tandem with this, we've observed a clean bounce off the 227.2% Fibonacci retracement level. These factors collectively suggest that we might be at the bottom.
💎 If the price manages to stay above today's low, it could signal a shift towards a bullish trend. While we're not necessarily forecasting a long-term uptrend, we can anticipate a relatively strong pullback.
💎 Keep a close eye on the $0.024 resistance level, which corresponds to the commonly observed 61.8% Fibonacci retracement level. If the price manages to break past this point, we could see a double top forming near $0.025.
💎 However, tread lightly, ParadiseClub members. FWB:ZIL is treading on thin ice. A new lower low could trigger a strong sell-off. Stay vigilant and join us in monitoring the current price action.
ZILZIL stands for "Zilliqa," which is a cryptocurrency. The sentence you provided seems to be a description of a trading model involving an inverted head and shoulders pattern. The pattern is referred to as "super" but has not been completed yet. The targets for this pattern are indicated in the chart.
This is not a recommendation to buy or sell but for monitoring purposes only.
ZILUSDT.P Shark Pattern + Imbalance (Long) 5/25/2023Here is a potential long trade, this token was dropped to a new low due to BTC having a bearish rally with flags. BTC is currently holding on to its 26000 support and may be consolidating for a few days giving way for altcoins to move their own structure. A shark pattern has formed in this chart and is currently on the C leg, there is also a huge imbalance above that was created by the recent bearish flags. The imbalance will be our maximum take profit target as the trend may start ranging in these levels due to BTC consolidating.
ZIL S&R in mid-short term>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Everything is cleared on the chart.
For start rising price at first must pass 0.24 & stablize obove and our TP in that case is 0.29(Supply area).
In case of breaks that resistance next important resistance is 0.368-0.40,
and next important supply zone is 0.48-051.
But if doesn't success to support price & break's 0.21,next support's marked on the chart.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>
Zil THE SQUEEZE IdeaEntering here in this Altcoin for a long position DCA in between 0.2300 and 0.02200 will close below 2100.
If we look at the the RR here its pretty nice.
The support is holding in here and also on ZilBtc pair its on key support so i expect a major squeeze to the upside.
Trade is active.
Noe: Not a financial advice.
#ZILUSDT #LQR #TOBTC #LaqiraProtocol● You could get up to 170% ✌️😉 profit from the April 14 analysis
• Support and resistance are specified in the chart
• Levels are obtained from the intersection of the fib and static levels
• You can open a position after confirmation
• This analysis is not an offer to buy or sell