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Zilliqa / TetherUS PERPETUAL CONTRACT

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ZILUSDT.P trade ideas

Zilliqa (ZIL) Price Prediction 2022Zilliqa (ZIL) Price Prediction 2022 Zilliqa (ZIL) holds the 82nd position on CoinGecko. ZIL price prediction 2022 is explained below with a daily time frame. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in periods of price consolidation. Buying and selling forces are similar in a horizontal channel until a breakout or breakdown occurs. Currently, Zilliqa (ZIL) is at $0.03729. If the pattern continues, the price of ZIL might reach the resistance level of $0.04960, If the trend reverses, then the price of ZIL may fall to $0.02984 Happy Trading $$$$
Long
by TheNewsCrypto
16
Zilliqa breaking long-term weekly downtrendZilliqa has been in a long-term downtrend since April 2021, down around 80% at the time of this post (hit almost -90% earlier this year). There is a hard line being drawn in the sand that seems to correlate with pretty major moves in the market. Upon hitting the resistance trend line, there is almost always a move down of 50%, followed by a similar recovery back against the resistance line. This pattern was broken with the news of the Metapolis "launch" in March 2022, Zilliqa's attempt at a metaverse/metaverse-as-a-service (MaaS). After the Metapolis pump, Zilliqa has been under a trendline which can be traced back to the end of the bull run in 2020/2021. This leads me to follow a trend on the RSI... Since at least 2020, when the RSI breaks above the 14-week SMA we have seen some major moves in volume and price (volume was not present in August 2021 and led to only a ~75% gain). Breaks above this RSI SMA have resulted in moves of 600%, 1200%, 78% (no-volume full-on bear market), and 500%. With the recent, what seems to be, bottoming action in the market it appears that Zil has found its footing around the $0.04 mark and has been moving up nicely for the past 5 weeks. The price was able to break above the trend line but was quickly rejected. A second move above the trend line has seemed to hold steady as the resistance has now been tested as support, and held, over the past 2 weeks. I believe this could be the beginning of another significant move for Zil. Some Fib. analysis has Zil looking at the same old areas of resistance in price, $0.08-$0.10, $0.13, $0.15, $0.18, and finally the all time high of $0.24. All signs point up for me from here. This is not financial advice :)
Long
by bigdew33420
1
ZILUSDT is going to test the daily resistanceThe price is testing the 4h resistance at 0.04$ after a bullish impulse due to FOMC. How to approach it? IF the price is going to have a new breakout from the 4h resistance, we could see a retest of 0.04 daily resistance, so According to Plancton's strategy, we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
4