Zilliqa
ZILUSD broke out of its triangledouble bottom, and rsi reclaimed trendline. Extended crab to 0.117 top of the rising channel. Breakout of the channel is 0.187.
Zilliqa/USD is ready for another leg upPlease note this chart is based on the logarithmic scale, which doubles per step. I am expecting ZILUSD to double in value anytime soon.
ZIL/USDT-good volume buildup.We've been in this accumulation zone for quite a while. Each time we run up to the resistance, it gets weaker, with this run being unique with respect to volume buildup when compared to previous runs. Will we sustain the breakout and confirm this line as resistance? fingers crossed!
Another look on ZIL/USDT on a daily chartI was just getting curious about Zil lately as it has really good potential of mooning but in my opinion it would need to retrace for it to go mooning I can give you an example if needed just comment.
You can see on charts where would my buy point would be.
ZIL/USDT BULISH SIGNSAs explained on chart we are bullish start accumulating on #ZIL target updates on daily bases
ZILLIQA !! Something big is brewing ...Something big is brewing is brewing just under the neckline of an inverse Head & Shoulders formation for Zilliqa !!
On balance volume rising consistently
Bull flag right under resistance.
When the dam breaks Zilliqa may be projected into the stratosphere !!
ZIL/USDT BUY SIGNALZilliqa's trend is clearly up. Now waiting for a pullback towards the trendline before the uptrend continues.
Zilliqa ZILUSDT - Bull flag + Head and Shoulders- We can clearly see a Bull flag and Head and Shoulders continuation patterns on the Daily chart
- ZIL is currently in a huge bull run and there is no reason to go down
- Our profit target is 1.618 fib extension for next wave
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Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
ZILUSDT breaking out of consolidation. Waiting for daily close.A nice textbook setup forming for this coin. Needs to be confirmed but looking good so far.
Market has been all sideways lately so watch out for more of that (e.g. false break). Assuming this breakout is strong, one may expect the current candle to close near its high and a nice follow through candle tomorrow. A re-test of the trend line support is also a valid price action in a bullish breakout scenario.
Not trading advice.
Zil about to break out; 73% potential gains from current entry.Checklist:
Higher high: check
Increasing volume: check
RSI bounce off support: check
MACD about to cross to the upside: check
Breakout from triangle is near, enter now with a 5%-10% SL as the current daily candle hasn't closed to confirm the HH, or wait for the breakout and retest for maximum safeness.
TP 1: 25%-50% at 0.12
TP 2: 25%-50% at 0.16
Buy the dips with profits.
ZILLIQA ZILUSDT BREAKOUTthe breakout will soon be eminent, once it occurs we can see a possible retracement back down before a new ATH is achieved at the regions on the chart.
ZIL Retesting technical breakWatching this for resumption up on USD
ZIL/BTC indicates a break of 2020 horizontal resistance but pattern unclear.
Possible challenge of recent highs at $0.1
ZIL/USDT- You saw it here first!An update to the chart that was released on the 30Th of December showing how Zilliqa had entered its next stage in accumulation. Thirty days and what seems like a rollercoaster after, turns out that the chart is just playing out the way its supposed to. Lot of new hands bought at the previous local top and have now been forced out of their position. Black swan to invalidate ongoing bull market? only time will tell!
ZIL slow but sureElliot wave ABCDE Corrective Symmetrical triangle formation completed. looking for 10 cent test at previous high.
Watching which channel it finds comfort in, looking for 10cent either way from here, but cannot be certain on duration until we see a channel decision.
Just a salmon, no real fortune teller.
💡Don't miss the great buy opportunity in ZILUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.06480).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.07500
TP2= @ 0.08130
TP3= @ 0.09070
TP4= @ 0.10000
TP5= @ 0.11330
TP6= @ 0.13000
SL= Break below S2
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Triangle Formation $ZIL/USDTTriangle Formation on the daily, $ZIL/USDT
Buy the breakout.
What's your opinion?
Not financial Advice.
-Chris
