Zil
Zilliqa formed Cypher for upto 29% bullish moveHey dear friends, hope you are well, and welcome to the new update on Zilliqa (ZIL) coin with US Dollar pair.
Previously we had a nice trade of ZIL coin on 26th May:
Now on the daily time frame chart, the price action of ZILLIQA has formed a bullish Cypher pattern.
Buy and sell targets:
Buy between: $0.1019 to $0.0875
Sell between: $0.1132 to $0.1132
Stop loss:
The maximum extent of potential reversal zone $0.0875 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 29%, and the loss possibility is 14.5%.
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 bullishZIL at 360 resistance and look bullish to get above it today. Buying some here and leaving average cost order at 315 in case of rejection and dump. That will allow to reduce position size or exit it fully at 335 SR.
Day chart for zoom out view (mainly because of day chart I assume drop to 300-315 is possible)
ZIL 1D Let's get up there! It's sink or swim around hereIn April-May 2021, the ZILUSDT price tried to renew the maximum, which had been held since May 2018.
However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07.
Now the price is trying to recover, and the critical zone from above is $0.174-0.194
If the price can gain a foothold above this zone , then it will be possible to consider a set of long-term investment positions with the first targets from above $0.90-1.00
However, if sellers activate in the critical zone, then theoretically the downward fall may be even stronger than in May, and the level of $0.025 will act as strong support from below.
A positive mood can only be added to the ZILBTC chart, where, based on the chart, there is still a growth potential up to 550-600 sat. and even up to 700sat.
Write your thoughts in the comments regarding the possible future movement of the ZIL price
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💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZILUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has broken its resistance and is starting to move upwards. We have drawn resistance and support for you. Deal with your strategy.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
legend of Zilliqa Salve
lets talk about lil about Zil, Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms.look at 1.5Bil market cap babe!
Targets 0.128 - 0.13 - 0.15 - 0.17
Have fun
Stay rich
Convenient location for ZIL digital currency tradingThere may be a harmonic pattern in the chart above, so the price is likely to jump to the following targets.
Ascending Targets
0.14732630
0.18238909
0.22033375
Specific descending targets
0 08248415
0.05942917
Be successful and profitable ...
Zilliqa - from exuberance to ... dispairNoting the potential for an EW Flat Correction, with the double-top, suggestion a possible pivot low of $0.088.
What do you think?