Current Zil VibeReally deep retracement when it comes to Zilliqa.
However, looks impulsive watching the proposed light blue minuscule count.
Green zone = interest zone. Would try my longs there.
Key stats
About Zilliqa
ZILUSD: Testing the 1D MA200, in anticipation of a strong breakZilliqa has come today the closest it has been on the 1D MA200 since the May 8th contact, turning the 1D time frame largely bullish (RSI = 67.434, MACD = 0.000, ADX = 54.733). Consequently, a break above it, should set in motion the last part of the bullish leg that started at the bottom of the long
ZILUSD Best long term buy nowZilliqa / ZILUSD hit 10 days ago Support (0.01535) and rebounded, making Higher Lows ever since.
The 1day RSI is already testing the Falling Resistance. If the price crosses and closes over the Falling Resistance, it will be a major buy signal.
Target first the Fibonacci 0.5 level at 0.026300 and
Crypto ZILUSD (Watch it closely)
View On ZILUSD (18 Apr 2023)
ZILUSD is in
* Slightly Bullish in short term (Intraweek)
* Neutral in Mid term (1 to 3 months)
* Bearish Long term (3 months onward)
We are seeing some bullish pin using as 0.0226 region support.
0.02176 will be the next support.
We need to see more bullish candle
Still not cleanPerhaps more down to come on Zil
Potential expanding triangle( thats rare)
Still no impulse of the lows.
Cant blame you if you longed this.
If Alts go, this will as well. I can count an impulse with a 3 wave corrective move.
Green area is a demand zone where i want to see a proper impulsive reacion.
ZILUSD Break-out and pull-back buy levelsZilliqa (ZILUSD) is trading within two Channel Up patterns, supported by both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). With the 1D RSI breaking above its Lower Highs trend-line, the trend is slightly more bullish now and it is more probable to break above Resistance 1 (0.03675
$ZIL SHORT , lets short this Bitcoin is on the verge of visiting the bottom of the channel and a short to ZIL seems like a good idea.
ZILUSD - Similar BottomsSimilar higher low bottoms, price is attempting to breakout of a strong downtrend
Good for the bulls, much less for the bears
Horizontal lines intersect with each bottom point
ZIL potential short due to rejection at weekly level ZIL is currently showing some weakness. If we have a look on a key resistance level on a weekly chart, we notice a clear rejection.
4 hours charts is trading in a range and we have potentially a deviation above and now back to range.
A trade idea to short it with a tiny invalidation above last high
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