Welcome to this quick ZIL/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:- ZIL//USDT PARALLEL CHANNEL brake the green and trendline and buy the retest green zone. PARALLEL CHANNEL green zone. (SPOT CALL) Entry:-$0.049412,$0.05524 Traget:- 80% Stoploss:- $0.04384 Remember:-This is not a piece of financial...
The real party begins once we cross the resistance zone!
💎Technical Analysis Summary💎 BINANCE: ZILBTC -Zilliqa is now testing key support area at 120s sat -It is also trading inside a descending channel -If the Bulls can show up and give any reversal signs -I recommend buying the breakout of the wedge -The upside potential is up to 200 sat area `````````````````````````````````````````````` Trading Involves High...
ZIL/BTC -Zilliqa is currently testing previous support area at 174 sat -The price is holding this range for 2 weeks already -The 200D MA is now following the price -This is an aggressive entry if you are expecting the price to break higher -But I always recommend buying the breakout of this trendline resistance -Buying the breakouts signals a strong potential...
ZIL/BTC -Zilliqa may have found the bottom at 150 sat range -This is a confluence of previous resistance now turned support -We can also see a Bullish reversal candle last 2nd of August -Today, it is trying to break outside the trendline resistance -If the daily candle can close with a body outside the trendline -Chances of going up will be higher -The potential...
ZIL/BTC -touches to 50D MA twice and reacted bullish on it -the 170 sat range is also an are of confluence support -we can the price challenging the daily trendline resistance -the more it get tested, the more it gets weaker -you can enter the break/close of trendline -have a stoploss below the 50D MA
ZIL/USDT -a strong bounce from the 1490s or 20% move up -testing the trendline resistance -if we are looking for a bullish entry -we want to see a break of the trendline -comeback and retest to become new support -that's a good Buy position and target the up to 2122-2666 -stoploss is placed under 1490
ZIL/USDT -challenging the trendline resistance -there is also a local resist at 2070 -new potential higher low is being established at 1900 -holding strong a previous resistance > new support -good buy signal is the price break/close above the 2070s -upside target is up to 2620s -stoploss is placed under the 1900s
ZIL/BTC -please examine the chart -both trade setup is already posted -always apply risk management -thank you, happy trading
ZIL/USDT -the price bounces off at my previous analysis -before it happened, it painted a bullish reversal candle -currently trading outside the trendline resistance -if this break continues, the minimum target is up to 2677 or higher -stoploss should be placed under 2137s
ZIL/USDT -approaching the previous area of support -if the RSI hits near oversold level here -there is a chance we may see a reaction bounce -watch closely this area / add your alerts -look for a sign of reversal before entering
ZIL/BTC -a strong breakout above resistance at 96s -new higher high is made -new immediate support at 96s -breakout is followed with huge volume -upside potential is up to 200s -cross ultimate indicator signal Long priority -market structure is a strong uptrend
ZIL/BTC -strong breakout with volume -broke local resistance line -if the candle closes bullish -new immediate support at 78s -next upside target is swing high at 96s
ZIL/BTC ZIL may have found the same support at 47 sats area which was also the previous consolidation area last Jan 2020 trading action. If ZIL can break outside the downward trendline resistance, we could expect more upside scenarios up to the 80 sats region. And place our stop-loss below 56 sats.
Technical analysis: . Zilliqa/BinanceCoin 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 51. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003330 to 0.003040). if so, traders can set orders based on...
Technical analysis: . ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 50. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.002850 to 0.002500). if so, traders can set orders based on...
Technical analysis: . ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on...