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Zilliqa / TetherUS PERPETUAL CONTRACT

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ZILUSDT.P trade ideas

ZIL/USDT going to the retestHey, guys ✌️ ZIL/USDT has been a coin that we wanted to take a look at for some time now. Well after breaking that trend two days ago price fell until the meeting of 200EMA - from there it pushed the price back up and now we are here at the retest of the trend and 100EMA as well. We are waiting for clean breakout or clean rejection from that trend in order to take any position here. This trend sees strong with 100EMA as a backup there as well. Let's wait and see! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
by SwallowAcademy
10
ZIL Ascending Triangle Above TRAMAZil/USDT Create Ascending Triangle on Binance 4h Chart pattern above the Trama Ascending Triangle The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation. Because of its shape, the pattern can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. If both lines were extended right, the ascending trend line could act as the hypotenuse of a right triangle. If a perpendicular line were drawn extending down from the left end of the horizontal line, a right triangle would form.
Long
by BabarLaghari
ZILUSDT| Wave One| Weekly S/R| Daily S/R| Price Action| Trend Evening Traders, Today’s analysis – ZILUSDT- trading at and area of resistance where a rejection is plausible, Points to consider, - Price action corrective - Weekly S/R Resistance - Daily S/R Support - Impulsive Wave ZIULUSDT’s immediate price action is trading at a resistance point that is in technical confluence with the POC, Weekly S/R, Int Daily S/R and the .618 Fibonacci, allowing for a potential correction. The immediate support will be the Daily S/R region, price respecting this rea will allow for completion of Wave Two. Overall, ZILUSDT is a valid long on the pull back, this will allow for a defined entries, invalidation is multiple candle closes below the Daily S/R Support. Hope this analysis helps, Thank you for following my work, And remember, “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
Long
by The_Alchemist_Trader_
10
Is it Bulls' Time for ZIL?Looking at the daily chart of ZIL/USDT, the ZIL price was swinging from $0.01541 to $0.03426 within the past 30 days after going to its lowest of the month at $0.01541. Bouncing back from the support level, ZIL is trading in the previous order block formed on 08 November 2022. If ZIL is able to break out of the order block and rises higher, we can expect ZIL to reach $0.05. Meanwhile, our long-term ZIL price prediction for 2023 is bullish if it cannot break the support level. We can expect ZIL to reach $0.06 this year. If ZIL cannot break the $0.03047 resistance 1 level, the bears may seize control and dethrone ZIL to a downtrend stance. In simple terms, the price of ZIL might fall to almost $0.01621, indicating a negative signal from the previous support level.
Long
by CoinEdition