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Zilliqa / TetherUS

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ZILUSDT trade ideas

Zilliqa | Volume ProfileAfter a strong run up, price has retraced and settled on strong support around a psychological support and also the POC @ $0.10. There has since been a short term trendline which is now being broken - once this current 4H candle closes, then a break in trend will be confirmed. You can guess what happens from here if the rest of the market, more specifically BTC has a stable recovery up-trend. There are 4 key support levels below current price seen as spikes on the volume profile.
by N0ST0PL0SS
4
ZIL Update: Long or Short when BTC is looking bad?The box indicates the demand zone which is showing much strength whenever ZIL takes a hit. Buyers are happy to buy in this region and are always selling at key resistances. We have been making lower lows during the retracement after the 500% uptrend (highlighted and circled in blue). We recently made a higher low (circled in red), and I think there is no need for ZIL to test critical support levels for buyers to show up. Why did the 0.12 level does not hold up during BTC retracement? My best guess is that most buyers long at the critical support level which is 0.10 previously and are selling between 0.12-0.13. If we are able to hold the higher low support this time, buyers will have no choice but to buy higher, thus pushing prices up and potentially making a higher high when testing the next resistance level.
Long
by Ladadad1313
ZIL 50% TRADE SIGNAL(SWING TRADE)!!!Update on zil: So i posted this signal about a week ago about demand zone that zil was in. Zil has respected that demand zone and made break fo strcuture on lower timeframes and change of character on higher timeframes. I marked all the point where you should buy how much and where should you take profit and what should be your sl. If you plan to use leverage please dont use anything higher than 5 because profit itself is insane even without any leverage!!!
Long
by UnknownUnicorn26826311
10
ZIL Update after a miniscule pump.My take is the same as my previous post on ZIL. My sentiment is still bullish on ZIL despite BTC showing some weakness after a rejection to 42k. ZIL currently trading high in volume and is decoupling from BTC. I believed most traders had already entered their positions and late traders are looking for small retracement once an opportunity showed up. This could possibly drive another breakout towards ZIL's previous local top of around 0.2 cents. However, Before this push, I expect people to take some profits but also expect that retracement would be <5%. Spotted some cup and handle patterns on 4H and daily timeframes. This might be a possible outcome but it does not play out every time. Staking on Moonlet dropped from over 15% to 14%ish. This is bullish because ZIL has successfully turned buyers into holders by attracting them into their staking pool. This essentially means that more people are staking and locked for 2 weeks, hence staking % is going down. Sell pressure may only come when we meet the key resistance levels I previously posted. Market may turn ugly at anytime because everything is unpredictable and BTC is the king. I am currently 60% bullish on this trade. Good luck
Long
by Ladadad1313