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Zilliqa / TetherUS

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ZILUSDT trade ideas

Zilliqa possible recoveryZilliqa is L1 blockchain which supports smart contracts on it's native language Scilla. It's ecosystem is constantly growing so I see a good future for this project. During next 3 months they also plan to start a metaverse project on Zilliqa blockain (Metapolis) and Zil will be it's main coin. Of course everything depends from btc, if it goes down all market will go down. We're still in a local downtrend, but I hope soon we will see a recovery from it. Please note, this is not a financial advice, I just share my opinion.
Long
by Pandamonster
2
ZILUSDT AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 0.08 and ~0.1 after first target reached move ur stop to breakeven Stop: under 0.05 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
3
ZILUSDT ANALYSIS (LOCAL VISION)Hello friends. Please support my work by clicking the LIKE button👍(If you liked).Thank you! Everything on the chart. Entry: market and lower Target: 0.088 and ~0.1 after first target reached move ur stop to breakeven Stop: under 0.06 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
6
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
Long
by BLKopalFX
2
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
Long
by moon333
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.
Long
by BitonGroup
6