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Zilliqa

Zilliqa be ready for war!!Hi Folks, Zilliqa has made a nice little rally last days.. But what we see on the 4 hour chart price is hitting resistance and got rejected again. This has been the 3rd time in the last 5 days. We see momentum in a rising trend channel.. We still make higher highs and lows in the momentum so the trend can be seen as bullish.. Except we need to be cautious now because of resistance line that got rejected. Chance is to fall back at 1st or maybe 2nd support line and try to gain momentum again and try to go to war to breakout at resistance line. Where I put my flag on the momentum oscillator is the signal to sell if you have a position in Zilliqa.. Most people want to know when to get in a trade, when is the right time to buy, they ask a lot. Less important point in trading you'll see is the moment of stepping in. Ask yourself when do I need to get out? Where is my stop loss or when I am wright where do I take profits? My philosophy in trading = I see trading as going to a party. I arrive fashionably late and I leave before the cops come. So in context with trading... I don't need to find the bottom In a trade.. no I buy high and sell even higher (before decline in price)
by MoneyMakingMuro
Zilliqa one of my FAVORITE crypto.. HI Folks, As you know I really love and enjoy spending my time doing Technical Analysis on Crypto and soon on Forex... It really has become my passion.. And YES even when I lose. I started trading in the midst of the Bull Run of early 2021 so everything I bought turned in to Gold.. And then BOOM.. Lost almost everything.. A lot of people become disappointed and leave the markets and say hell no this ain't for me.. I was like damn How cool is though, imagine if I become a master in reading the Technicals and charts.. What is possible then? So I started reading books and blogs and started following these youtubers (a lot are crap) and most important I started to work on my mindset/psychology. The money is secondary in this journey I really focus on becoming a master in adapting and absorbing all these knowledge and trying to provide value.. So here I am on the 4 hour Zilliqa/USDT chart. What I personally do is I start reading the Week chart and then the daily chart and then the 4 hour chart... Weekly chart is forming a Hammer in a low price area with the RSI around 40... That is BULLISH.. Daily chart has a bullish breakout out of a resistance zone with the RSI around 43.. That is BULLISH.. 4 hour chart is showing a decline in momentum... The price has rejected the middle of the earlier black candle of 16 July. Advice; After a bearish engulfing pattern the black candle becomes resistance.. example. The middle of the candle is resistance 1. The LOW of the candle is resistance 2. and the LOWEST point of the pattern is 3rd resistance. With a Bullish breakout it works out the other way.. (STEVE NISON) + The high wave candles making up the price is not so bullish is not how we want to see the price fight resistance.. There is a high possibility for the price to fall back to the described support areas. Please like the content and follow for more to come..
by MoneyMakingMuro
Zilliqa, Massive Descending-Triangle, Breakout Incoming!Hello, Welcome to this analysis about Zilliqa, we are looking at the 6-hour timeframe perspectives. Zilliqa in the previous bearish developments with which the cryptocurrency market has shown up unless other cryptocurrencies moved below the previously established supports of 0.06 and formed a new lower low which does not mean Zilliqa can not recover from this and in fact after the new lower low was formed Zilliqa bounced back and initially recovered in the structure which was firstly a good sign. Besides that I discovered the main formation that will play an important factor in the near future, therefore I detected all the important levels and likely determinations we should consider with Zilliqa. Structural Developments: As when looking at my chart we can watch there how Zilliqa established this paramount descending-triangle-formation with the coherent wave-count in the formation already completed with the waves A to E in the schedule which firstly completed the wave-count and therefore serves as a part of completing the whole formation. As Zilliqa now approaches the upper boundary of this major descending-triangle-formation this is a possible test for a breakout especially as the 65-EMA in green is also tested. Furthermore, since Zilliqa bounced in the 0.05 level there came some decent solid volatility into the place from which Zilliqa has the ability to build up on and increase volatility that leads to the breakout-confirmation of this main formation. Upcoming Determinations: Taking all these factors into the consideration now Zilliqa is in a situation in which it has developed this great descending-triangle-formation which in most occasions is a bullish reversal formation that indicates the final bullish reversal and continuation to the upside. The only thing that remains now is the final validation of this whole formation which will happen when Zilliqa breaks out above the upper boundary of the formation and in this case also importantly above the 65-EMA in green to move on and test the 100-EMA in red. When this suggested breakout is finally established Zilliqa will activate the upside targets within the dynamic-descending-triangle-target-zone and when these are reached the situation needs to be elevated anew. In this manner, thank you for watching my analysis about ZILLIQA and the main descending-triangle-formation likely to be the origin of an upside-breakout and increased volatility coming into, great when you support it with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
9
ZIL in 1D | Great Situation for Shortthis is not a signal. Its just my opinion. Dont open your positions Based on my ideas! BINANCE:ZILUSDT 💎 #ZILUSDT ⌛️ #D 💲:entry_price : 0.059 🎯 targets: TP1:0.048 TP2:0.045 📈 #SHORT 🚫stop_loss: 0.065 ✖️Leverage: 5x 🔳Capital: 3% 💠Details: Zil is breaking its Static Support and 1.618 line of its pitchfork. the next target is mentioned on the chart. zil coud not break its dynamic Resistance. so i expect a good short position
Short
by pouba2000
It Can Be Another Classic Move Of Zilliqa (ZIL)Brokedown the channel and key level support: The price action of the Zilliqa coin was previously moving in a very long up channel. After breaking down the support of the channel the priceline turned is very strong bearish but found very strong support at $0.06. The $0.06 is key level support for the price line of is Zil. Because it has been working previously as very strong support for the price action for a very long time period. It can be seen that before the formation of the up-channel for several days the $0.06 level has been working as very strong support. Therefore, it will be very difficult for the PI fine to break down the support. Big bullish BAT: On the weekly time frame chart, the price action has formed a bullish BAT. The buying targets as per the Fibonacci sequence of this bullish BAT can be as below: Buy between: $0.0948 to $0.0745 Sell between: $0.1433 to $0.2161 As per the above targets, this trade has a profit possibility of up to 190%, and the loss possibility is 22%. It can be seen that on the weekly chart, the priceline is moving below the potential reversal zone of the bullish BAT but there is a very strong key level support at $0.06. Therefore, we can set this level as stop loss, rather than the maximum extent of the potential reversal zone and follow the sell targets as per the bullish BAT pattern.
Long
by moon333
1