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Zilliqa / TetherUS

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ZILUSDT trade ideas

Zilliqa - important movement- Zilliqa price showed a bullish impulse that pushed it massively over the last day. However, this move is likely to be cut off from the momentum as it approaches a hurdle that is likely to propel it in the opposite direction. - Interestingly, this development comes after Zilliqa’s plethora of partnerships in April- like joining the Blockchain Gaming Alliance (BGA), and getting ZIL listed on Binance, BitGet, and BitPanda. Additionally, Zilliqa is also working with Atomic Wallet to get ZRC-6 compatibility so users can see NFTs on their wallets.
by Lucas_Woolson
ZIL Update: Time to Long or Short?Previously, ZIL was trading in the channel of 0.98 to 0.14. We saw huge demand holding the support line of 0.09ish to 0.11ish. However, the BTC is the king and has dragged down the whole market into sea of red, and ZIL is without exception. We said that if ZIL is unable to bounce off from the first red circle, which is likely the bottom for that time, it will continue to make a lower low. Well, it eventually did and we soon saw another lower low until we see some consolidation between 0.06ish to 0.07ish which is indicating some bear weakness. Soon enough, it marked as a local bottom before spiralling upwards for a 40% gain recently. We saw that ZIL is rejecting the support turned resistance (0.098). We got three possible scenarios here. First, a slight pullback to around the area of 0.083 for a retest and then eventually break higher, OR Second, we break lower down to 0.06 for a medium-range retest. Third, the worst case is to make another lower low to test the 0.04ish region (low probability for me but I would not rule this out). There is no more bad news from the FOMC and the market should see a short term relief rally but I believe it should not last this short. Long term still shows some uncertainty even though Powell stated 0.75bps is not considerable and possible to bring inflation down without a recession. BTC is showing much strength and we did not retest 35k bottom when Ukraine and Russia started the conflict. Great accumulation zone for Zilliqa here. 40% gain during the first day of short term rally showed people believed in the project and is patiently waiting for a good entry.
Long
by Ladadad1313
ZIL/USDT : Reached channel's top! BINANCE:ZILUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ZIL has formed a descending channel and it has reached the channel's top. Despite the current market's bias, I'm expecting more corrections to come; Because of the recent bounce without any retracement. In macro overview, It must come with a fake-out above the channel and experience the rejection from the higher resistance zone at $0.11. So based on the data we have, There'll be opportunities to take Short on... - On the rejection of $0.11's resistance zone and current rejection from S/R line and channel's high. - On the proper retest of broken lower S/R zone at $0.85. 🔴 Invalidation should be located as active management above the higher resistance zone. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades des
by Helical_Trades
24
ZILUSDTLong waited trade. This will take some time mostly so manage it very closely. Please wait for a better buy setup then enter. This will be a very good risk to reward ratio. So manage it very closely. Trading is serious business and it carries a high level of risk and may not be suitable for all investors. Do your own due diligence before putting your funds to work on anything; you should make yourself an expert. There will be up to date ideas. So be kind enough to follow me on Trading view & Twitter for more updates. Feel free to direct message if you need further clarification.
Long
by Rajitha_Jayalath
7
ZIL/USDT TRADE SETUP! BOUNCING AFTER THE PERFECT RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ZIL/USDT TRADE setup. ZIL looks good here for a good upside potential rally. ZIL had done a more than 70% correction after the recent pump. That whole correction is just a retest after the breaking out from the big falling wedge in 2day's time frame. Now after this successful retest it is again ready to pump. Buy some now and add more in the dip. Entry range:- $0.07-0.08 Target:- 250-300% SL:- $0.062 If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
9
ZILUSDTOk. For those who love to spot. Here is a good opportunity. Wait for the setup so we could enter the trade with confidence. I'll update When to Buy. Still there is a confirmation is pending therefore wait with patience. Trading is serious business and it carries a high level of risk and may not be suitable for all investors. Do your own due diligence before putting your funds to work on anything; you should make yourself an expert. There will be up to date ideas. So be kind enough to follow me for more updates.
Long
by Rajitha_Jayalath
1