ZIL has been consolidating for almost a year now !
Moreover it has not been going anywhere really for almost 2 years.
On the USD pair it is building a gigantic inverse Head & Shoulders pattern.
On the BTC pair Ziliqa could double bottom at around 122 satoshi and, once price will break out of the bullish descending wedge, price could rise dramatically !
ZIL just formed a huge cup and handle pattern on the weekly chart. This pattern only will be confirmed if the price closes a weekly candle above ATH at 0.2355. At first it has to break out from the current descending channel which is the handle of the main cup and handle pattern. The pattern projection is $25! the first targets for the bullish scenario are $1,...
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➡️We are bounced from fundamental price - bullish
➡️ RSI - tested on D1 few times bottom - bullish
➡️Last time when we was in cold blue mood on market and RSI bottom we...
". There is a possibility of temporary retracement to the suggested support line (0.08564).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
An idea suggesting a big moonshot for ZIL
This is based on the previous move to ((2) in green)
A large ascending broadening wedge can be plotted if this bars pattern is placed this way
The placed pattern up is very very speculative, but it really does look bullish above this level
Always make your own assessment. Personal judgement on charts wins every time.
support/resistance lines are shown.
right now we are in a good spot to buy the first step in my opinion!
target is ATH(=~ 15cent good point to take profit)! however, we must always see how BTC doing after that go buy altcoins.
never forget investment principles and do your research before investing.
ZIL broke out of a strong resistance and confirmed the breakout after the retest.
It seems like that the next banger is going to be ZIL here!
Buying $ZIL here at $0.0978
Riding it till atleast $0.11 and will re-evaluate there!
Patience with #ZIL, beast is about to get started...
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Here's a quick look at ZIL 8 hr chart. As we can see, the price has been forming an falling wedge and we could se a very big move when finally does break out! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the falling wedge with good amount of volume .
The idea is: Buy the...
whats up ? i hope all of you take profit , take good profit from the market
In here we have a amazing fundamental powerful coin in crytpo
From technical sight : we are in downward trend But we can take breakout wave whole of the wave not micro wave of micro wave
then this fall down price we can call it , it is a pullback
we should wait until the...
It has a good movement shape for breaking its 70-day resistance.
If the high price of the Ichimoku cloud stabilizes and due to the formation of the green cloud and the ascending shape of the Ichimoku and other cases, this resistance will most likely be broken in a short period of time.
Target are available in the short term
In the long term, the target is 40 cents
An idea for ZIL
Green dotted line is the trendline being touched
This will hold as per fib circle touch also
Likely will result in an inverse H&S and then further upward movement
Which I have plotted with the green Bars Pattern