ZILUSDT trade ideas
ZILUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ZILUSDT
Here we have R2 which used to be a support area. R1 is our resistance line and the disability of the price to rise is obvious. S1 used to be a resistance line and S2 is our support area which includes the support of the price at some points. Now we have the price fluctuating over S1 and we believe it will rise to R1 and then it will have a decline to S1. At this point, our long position is activated and then we predict a rise for the price to R1 area. Also it is possible for the price to lose the support when it reaches S1 and face more decline below this line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Zilliqa to pre-dump levels by end of August - Long Zilliqa was trading at around 0.09 to 0.10 before BTC suffered a brutal slump to 17k local low, partly due to multiple forced liquidations by many institutions or else, BTC local low would be much higher than 17k.
Long scenario - I expect Zilliqa to trade along the trendline up towards 0.051 for a retest after so long. My best guess is it will take more than one time to break this crucial resistance. Hence, it will continue to trade with multiple retests within the price range of 0.041 to 0.51 region.
Price will eventually be so compressed for a breakout to local high of 0.097 to 0.1 by end August to Sept 2022. This align with the Metaverse/Metapolis roadmap with a multi-chain, wallet and app release by Oct 2022.
Long term Zilliqa Plan - Eventually going to retest 0.05Zilliqa is trading in a price range of 0.03 to 0.05. Mid range is at about 0.04.
Eventually, Zilliqa is going to retest 0.05 region for a potential break to the upside.
Critical support already tested at current BTC local low at 17k.
Possibility of Zilliqa going below 0.03 region is small. That would require BTC to 15k-16k region. I expect Zilliqa to be trading above 0.03 during the crypto winter.
Potential swing trade to 0.05 region.
ZILUSDTHi friends, I hope we have a profitable week ahead (:
The best point to buy is the price range of $0.02318, but we are not checking that range for now.
There is a possibility of forming an upward trend up to the price range of $0.04011, if the downward trend of the price comes below the price range of $0.03673, it can decrease to the range of $0.03254.
We would be very happy if you share your opinions with us
ZIL/USDT Potential Short SetupHello Traders!
ZIL continues to move within the descending channel.
The price is near the support level of $0.0330. Based on the nature of the price development, we can assume the exit of the price to the center of the channel - resistance level of $0.0580 with the purpose of collecting liquidity, after which the downward movement will continue.
Completion of such movement will be the price exit into the range of $0.0150-$0.0210 after the breakdown of the support level of $0.0330.
It's possible to look for medium-term purchases near the support level of $0.0150 in the price range of $0.0150 - $0.0210.
The targets will be the price levels of $0.0580 and $0.0845
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZIL Daily_T Analyze>>>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the support price frome exe demand zone,
In the next time,if ZIL can success to break blue line as a resistance in shorter time frame,
price can keep rising to orange's resistance area,
that we can considered as a our TP's.
This is not financial advise.
PLZ DYOR
With hopping success>>>>>>>