March 22 was a great month indeed, as ZIL-KRW pairing pushed price action from the doldrums into the stratosphere. Then April came and took the wind out of ZIL's sails and price dumped hard. But not hard enough, as evident by the retracement not meeting March's starting point, despite near similar volume. While it would be tempting to call in a bear market, RSI...
A summarised understanding of Zilliqa's $ZIL accumulation and distribution events taking place. Accumulation 1: 33.2B moved. Accumulation 2: 61.9B moved. Distribution 1: 23.1B moved. A simple takeaway here is that we're seeing a decrease in the movement of $ZIL, which to me is a bullish sign aka hard core hodlers aren't bulging, while profit takers are profit...
is it possible we are in for a crypto winter? if so then the alt season could be on hold for as much as another year! the good news is that if it does take that long, then the prices can go much higher. $5.00 for zilliqa in January 2023 I am not selling positions, just accumulating. not financial advice
$ZIL continues its journey below BB MB as BULLS try to apply buying pressure today. I am hopeful that $0.10 support will hold as buy walls get set up
Advanced Elliot Wave analysis as depicted on chart. Please like and follow for more!!
$ZIL BULLS apply buying pressure at $0.1263 FIB support. MACD showing some weakness but I am hopeful from a bounce off the BB MB
Zil has gone down about 50%. I'm buying the fear because I think there is a chance of an optimism bounce. My stop loss is under the current low and if it doesn't hold I'll reevaluate. If it breaks past the vwap I'll update on taking profits.
My guess regarding potential price point probabilities and exit points. I think hitting the 11.1 extension is a stretch on this one, but this a hunch and nothing more. Some of these assets can obviously far surpass targets in a final impulse wave (or even fall far shorter, hitting minimum extension levels), if this is in fact what it appears- a final 5th impulse wave.
Meta formerly known by Facebook has been commenting many times on Zil Twitter account. Zil looks very promising project. Also, the chart here look perfectly shaped cup & handle on the weekly time frame. Targets: T1: $0.9 T2: $1.5
$ZIL DTF with a power move UP with aggressive sellers trading the top. Should be zero selling pressure since Metapolis hasn't been officially released yet but alas, we have short sighted people giving away their $ZIL. We can expect another BULL move up as oscillators are looking super strong
- I have held ZIL for around a year now and its gone up nearly 250% in the past 7 days :D - If ZIL hits the 34 FIB EXTENSION we could see a $6 (£4.50) ZIL. - I am still educating myself on how to use FIBs properly so please don't take this as financial advice.
ZILUSD is showing potential cup & handle structure. Since March 2020 we have seen a wave 1-5 up to ATH, with an almost year-long ABC correction from May 2021 onward. From the base of C, which is the 0.382 fib level of wave 1-5 (shown as 0.618 on the chart for target extension purposes above), we've had a large volume move, From Elliot wave theory we may deduce...
On the 1 day chart it was hard to find a legitimate chart pattern to justify ZILUSD’s sudden pump here but once one flips to the weekly chart this pattern emerges. This triangle is probably more valid on either the 2 week or 3 week chart than it is the 1 week considering how many weekly candles we closed outside the triangle before we saw the breakout. Judging by...
ZIL broke out of it's macro Gann earlier in the year, it is in a micro. Break 8/1 and moon. DERIVED FROM 3D CHART
practically 1 year of consdolidation for zilliqa after the ATH is the 1.618 and 2.0 great volume lots of room to run
ZILUSD has broken out spectacularly! On this Monthly chart you can see how price has cleared the upper band with a clean bounce off the 0.618 fib line Price will continue upwards on this monthly timeframe, as the next candle is only a few days away, continuation Gratz to hodlers
Zilliqa ZILUSD with a huge bullish move - $0.0987 now support This is the volume profile price level that was resistance / support in the past. ZIL flipped the MA Ribbon indicator bullish and now broke this huge volume level. Great, isn't it? Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own...
I am not persuaded in the least to FOMO into ZIL at the moment. Should we break back above this falling wedge and back test 10.5 cents and hold...then yes...I will start to scale in. A break below this falling wedge will indicate short term bearish price action with a resistance around 9.5 cents. Good luck. May the Metaverse be with you.