ZILUSDT.P trade ideas
ZIL USDT double bottomSimilar to BAT chart I posted recently, but this one didn't break above the resistance trendline yet. Indicators high so watch for pull-back or retest entry. Support is tested more times in the past so we may assume that this will be bottom. (If king do not throw some more s..t at us by dumping more). Set alarms. Good luck traders
Zil- Double BottomBuying Zil here- zil is sleeping giant. It is going to explode soon, super strong fundamentals, and same will be shown in charts also.
Zilusdt next moveThe best place to buy is the green line that I marked in the chart.
But it can also fluctuate from the support-resistance line
ZILUSDT Cup & Handle and Bull Flag. 300% ComingBullFlag, Big Triangle & Big Cup & Handle Pattern Breakout
BuyZones:
0.07520 0.078 0.083 0.085
Take Profits:
0.125 0.145 0.18 0.2 0.25 0.30 0.35
StopLoss:
0.65
Legend:
🔴 Pink Structure -> Monthly Structure.
🟣 Purple Structure -> Week Structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4H structure.
⚪ Grey structure -> 1H structure.
ZILZIL is in its final steps of accumilation entering phase C. As we can see big buyers have been accumulating since April and eventually was oversold from highs of .28 to about .06 where we are at now. Huge upside potential as its layer 1 blockchain is full steam ahead for the future in the meta verse. Their own wallet is out, and partnership with XCAD which will be handing out some impressive APY on nodes/staking will be a game changer. Current vol is around 50 million for XCAD. imagine when people find out what this can offer
ZilUSDT Bullish Bat Pattern with InsideBarZilUSDT Bullish Bat Pattern
+ Inside Bar Break-out
Buy Zilliqa aim 0.075 and 0.10
Cheers
ZIL USDT creating a bullish patternWait for the break out from the white line and then take the trade, set stop loss below white line
Zilliqa (ZIL) broke out channel for next pumpHi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).
Triangle and double bottom:
For a long-term period, on a weekly time frame the priceline of Zilliqa is moving in a descending triangle. Now it is at the support of this triangle and there is also 200 simple moving average support as well. The priceline is also at the lower bands of Bollinger bands. Therefore, this is very strong support and lifeline for Zilliqa. The stochastic is also oversold. Zilliqa is also forming a double bottom at this support, which can be another indication for the price reversal from here.
Broke out the channel:
On a 4-hr time frame, Zil has broken out a down channel.
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
Zil Correction from ATHThis correction spell bear market correction. If we go lower I would not be convince.
Zil/USDTin weekly timeframe , we have an important support level . if price reject this area again we can hope for more up . the resistance levels are shown in the pic.
ZIL (Zilliqa) Analysis 14/03/2021we have analyzed this coin and capitalized on the Specified Targets. new analysis and Positions are taken...
Fundamentals:
Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.
Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.
The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.
Zilliqa claims to be the world's first public blockchain to rely entirely on a sharded network. This allows it to achieve high throughput and a high rate of transactions per second, which it says solves the scalability issue. Because each shard processes transactions individually, as the network grows and the number of shards increases, the number of transactions that can be processed per second also increases. As well, records are immediately added to the Zilliqa blockchain after being processed, meaning that no additional time for confirmation is required.
Zilliqa seeks to become the blockchain of choice for large-scale enterprise use, including among the advertising, gaming, entertainment and financial services and payments industries. In its 2018 position paper, its team states that the platform "aims to rival traditional centralized payment methods such as VISA and MasterCard."
Zilliqa was first conceived by Prateek Saxena, an assistant professor at the National University of Singapore School of Computing. Saxena and several students in the School of Computing published a paper in 2016 that outlined how a sharding-focused blockchain could improve network efficiency and speed.
Around the same time, Saxena co-founded Anquan Capital alongside Max Kantelia, a lifelong finance and tech entrepreneur, and Juzar Motiwalla, former president of the Singapore Computer Society. The company incorporated Zilliqa Research in June 2017 to develop the Zilliqa network, bringing on Dong Xinshu as its CEO, Yaoqi Jia as its chief technology officer and Amrit Kumar as its chief scientific officer. All three previously worked as research fellows at the NUS School of Computing.
Both Anquan Capital and Zilliqa Research, the company responsible for developing Zilliqa, hold significant reserves of ZIL.
Technical Analysis:
As you can see the price has done its accumulation phase 2 times in past and now is ready for an aggressive move up.
we can use the Fibonacci projection for identifying the targets and distribution zones further
we have specified total of 3 targets where as we get our 3TP confirmation if the price rallies to the 2TP followed by some correction and reaccumulation.
ZIL Long#ZincirGezenDAO
I've been hacking on usable blockchain projects for real adoption. Trying to find the proper network to use among friends. TBH Zil is one that literally has the possibility. It is scalable, cheap, green. I believe this is just a possible price potential explanation, even though I can take profits if it works out, I will essentially keep ZIL to use in my everyday life. And the app that it works with, which is Moonlet advice by devs can stake Solana, Near, Ethereum, and Zil. This is great. Whatever. We need the first step for a real end-user. Normal, everyday person-level usability. That is why I am buying this token. Not solely trading stuff. Just sharing...
Technical analysis by @CheekyCrypto, send him cheers if you appreciate this chart! The link is to his video.
Are you ZIL holding? ZIL is currently testing a long-term resistance (black line) on the daily chart. There have been multiple parallel channels in its journey so far. If ZIL breaks the trend line with a strong momentum candle the idea is that it will continue to trade in the upward channel. Until that happens ZIL can see a short-term fall to the green support which may be a good entry point.
Please note I am not a financial advisor and this is not financial advice, all ideas are for educational purposes only :)
Please DYOR and enjoy the idea!
Zilliqa (ZIL) Is Accumulating At A Very Strong SupportHi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).
Accumulation at strong support:
The priceline of Zilliqa is accumulating at a strong support of $0.074. This level has been working previously as support and resistance for Zil as well.
Daily channel:
On a daily time frame Zilliqa has broken out a down channel after a long time period.
Small triangle:
After breaking out on a daily time frame, Zil has formed a descending triangle which is more visible on a 4-hr time frame. There is a strong probability that the price action will break out the resistance of this triangle and continue the move towards the upside.
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
#ZIL going long ZIL is bullish on the 4H chart but retested the lows as per the 1H chart while maintaining the EMA band intact.
Going long from here based on the 4H chart, as the 1H chart is yet to be bullish.
ZILUSDT break out 4Hlooks like a break out
manage your own risk
*Resistance are drawn as lines but considered as a small area above and below the line *
Also take Bitcoin into consideration !!
ZIL- bullish continuationZilliqa is likely to breakout somewhere in the next few days. As you can see in the chart above the candles are near the apex where a contraction of the bollinger bands can be perceived indicating an outbreak. Furthermore the MFI is also nearing it's apex signifying a increase in cash flow, this goes hand in hand with the fixed range volume profile which indicates (at the red line) the increase in traded volume.
-Not financial advice!!!
-follow and leave a like if you agree with the analysis
