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Zilliqa / TetherUS PERPETUAL CONTRACT

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ZILUSDT.P trade ideas

ZIL/USDT wait for trigger to long!Waiting for an approach to the 0.126-0.132 region to see the price reaction. If we see a break in the down trend we can long. Alternatively we may see a turn around at current levels however i see ZIL heading down to the 0.12 support region. Longs targeting the 0.26 region on a follow through surge in the price if the market reacts positively. Not financial advice, just my view on current trends. Have a great trading day ahead of you!
Long
by UnknownUnicorn5026590
1
ZILLIQA what is next 💡Based on the chart after long time, we can see appropriate amount of volume for the price and sharp candlesticks ✔️ if this volume continues, and the price stays above the support area, we will see more gain 🚀 before more gain, we can see brief correction to the downside (close to our Fibonacci levels support zone) if the price breaks the support area here to the downside, we will see more correction ❌🧨 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
by MadWhale
5
BTC made Lower High and ZIL is making QuasimodoI compare ZIL with BTC. Zil jumped so high when BTC was moving positively. It seems now ZIL smart money will distribute. The distribution phase will happen. If you see the volume, you will realize the decreasing of the volume. If you see, the BTC failed to make Higher high. However, after the price bumped the demand zone, the price rise again. It happened to the ZIL too, the price goes to the nearer demand zone and will rise again. So when ZIL joined the rising of BTC, both BTC and ZIL will soon bump the suplpy zone; the top. I project the price of ZIL will make quasimodo pattern. So I wait in the left shoulder.
Short
by albusthami
1
Zilliqa - ShortAs most of crypto (and trading in general) pump and dump is very common, week over week it's ostensibly the name of the game.. Using Fibonacci, harmonic patterns, and thousands of hours of Charter time, the scenario in this chart is highly likely in my view, and at the moment price is more likely to go up, I could even go up sharply(market makers triggering current short stop losses before a downward move) If I trade this I certainly will have a liberal stoploss. *IMPORTANT his chart will be entirely negated if BTC moves upward significantly* Good luck everybody!
Short
by kiddbitcleveland
ZIL/USDT - Cup and Handle on the hourlyIs a Cup and Handle Pattern Bullish? As a general rule, cup and handle patterns are bullish price formations. The founder of the term, William O’Neil, identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point. Source: www.investopedia.com
Long
by thecryptoapex
19
ZIL/USDT - Cup & Handle formed on the hourly chart. Is a Cup and Handle Pattern Bullish? As a general rule, cup and handle patterns are bullish price formations. The founder of the term, William O’Neil, identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point. Source: www.investopedia.com I think we will see the bounce upwards in the coming hours ahead.
Long
by thecryptoapex
3