#ZIL/USDT
#ZIL
The price is moving downward on a 4-hour frame, and the correction is being completed after which it is expected to rise
Now we have a bullish rebound about to occur, well upward after bouncing from the green zone
Our RSI indicator has a trend that is about to break to the upside
Entry price: 03200
The first goal: 03500
The second goal.03740
The third goal. 04000
ZILUSDT.P trade ideas
📈Zilliqa (ZIL) Analysis: Short Opportunity in 4-Hour Timeframe⚡🗓Today, we're examining Zilliqa (ZIL), which presents a favorable trading setup in the 4-hour timeframe.
🔍Upon retracing the recent uptrend in the daily timeframe, a Fibonacci corrective analysis shows a rebound from the 0.382 level. However, it failed to breach higher levels, indicating waning buying pressure. Hence, a break below 0.03232 could signal diminishing buyer strength, potentially leading to further decline, making it a compelling trigger for short positions.
💥RSI oscillator found support at 27.06, coinciding with the support at 0.03232. A breach of this support level, if synchronized, would corroborate bearish sentiment, providing additional confirmation for potential downside movement.
📊Candle volume is currently range-bound after hitting support, offering limited insight. Observing which side (bulls or bears) commands greater volume will be crucial. However, volume alone isn't conclusive; other indicators should be considered.
⭐️The SMA7 indicator has approached the candles, potentially exerting downward pressure. Should the market enter a correction or consolidation phase, awaiting confirmation from SMA25 would be prudent.
📉For short positions, targeting the 0.618 Fibonacci level, coinciding with support at 0.02902, could be a viable strategy, considering it aligns with significant Fibonacci and support levels.
📝In summary, ZIL presents a potential short opportunity, contingent upon key support levels and confirmation from various technical indicators.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Are you holding ZIL since 2022? Here comes the rescue team 🚀Hi, this is 1PERCENT.
Unlike other altcoins, Zilliqa (ZIL) experienced another significant bull market in 2022. However, after surging by 450% in just two weeks, ZIL began to decline by over 60% in a month.
Ultimately, ZIL ended up at -93% from its peak, leaving many still holding onto their positions.
The good news is that it appears that a rescue team is coming to save you.
ZIL is breaking through the accumulation zone of about two years.
Of course, the weekly candle needs to close above the resistance line and hold it, but it looks very positive now.
Recently, I have been continuously sharing some insights regarding market sentiment and asset cycles.
Simple.
Retail investors do not change and keep repeating the same mistakes.
Therefore, making money is easy.
Avoid FOMO and overcome FEAR.
Also, since the cryptocurrency market often experiences corrections of 50-75% even during 10x, 100x; I'd recommend not to use excessive leverage
Good luck.
1PERCENT
Zilliqa 🚀 by RBHello! 😘Today let's take a look at the Zilliqa coin! There's still a chance to buy it "on the down low"! The chart looks quite promising!
The price has broken a multi-year downtrend and is confidently moving upwards! Currently, Zilliqa is experiencing a pullback, so it's a good time to buy a little!
What is ZIL coin?
Zilliqa is a cryptocurrency aimed at using sharding to solve scalability issues faced by many blockchains. Sharding is the process of dividing the mining network into smaller parts or shards that process transactions in parallel.
Remember, it's crucial not to buy coins that are already overbought! There's a significant risk of losing money! Be cautious and remember the age-old wisdom of the market: buy on rumors, sell on news!
Stay safe!🫶
Thanks for Your attention.
Always sincerely yours,
Kateryna💙💛
Alikze »» ZIL | Ziliqa is breaking the descending channelIn time W1 and D1, after forming a floor in the area and collecting liquidity in the area of 0.38 Fibo, it is currently exiting the descending channel. With the support of the range of 0.02440, in the first step, the ability to reach the supply zone is determined, which will be provided for the continuation of the upward trend of the currency in case of the failure of the path zone.
🟩Sup:0.02440
⛳️Tp1 : 0.049
⛳️Tp2 : 0.07320
⛳️Tp3 : 0.08545
»»»«««»»»«««»»»«««
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Sincerely.❤️
ZIL/USDT TP target achieved 26/03/24ZIL/ USDT finally arrived to the TP level.
It took around 6 days to finalise BUY order with Enter point @0.013197 & TP @ 0.03776.
All analysis was based purely on the technical analysis only.
After collection of nice profits ZIL/USDT returning back to the watch list until further notification.
ZIL/USDT Gearing up for a Bullish Rally? 👀🚀ZIL Analysis💎Paradisers, focus your attention on #ZILUSDT, nestled in a demand zone, primed for an impressive bullish breakout.
💎Currently, #Zilliqa is climbing, showcasing a bullish pattern around the support level of $0.032. It's been following a descending channel pattern, with a noteworthy adherence to the channel's support twice. Holding steady at this critical point could usher in a robust bullish push toward the target supply zone at $0.04927.
💎However, if #ZIL struggles to maintain its bullish position at the $0.032 support, it might be time to reassess our strategy. This situation could lead us to anticipate a bullish rebound from a slightly lower demand zone at $0.027.
💎Staying alert to these market dynamics is crucial, as falling beneath this threshold might require a strategic adjustment, especially amid challenges to keep the bullish momentum alive in the #ZIL market.
ZIL/USDT in weekly timeThe trend line and the last ceiling are broken and the price is on support and order block.
The ZIL/USDT chart has made higher lows, but the ZIL/BTC chart has made lower lows, indicating that whales want to invest in this currency.
green lien : tp(s)
red line : stop loss
blue lines : entry prices
ZIL/USDT Eyeing a Bullish Shift from Support ? 👀🚀Zil Analysis💎 Paradisers, focus your attention on #ZILUSDT, as it's currently exhibiting early indications of a bullish turnaround from its lower support zone.
💎 Amidst the latest market swings and tightening of prices, #Zilliqa has seen a decline, now teetering below a crucial support level, which enhances the likelihood of a bullish reversal from the lower support at $0.01719. Should #Zil manage to stay above this critical juncture, it could well embark on a bullish journey, aiming for the significant resistance at $0.03636.
💎 The dynamic and volatile crypto environment necessitates a versatile and prompt response in our trading strategy. If #ZIL finds it challenging to hold its position, brace for a potential decline.
ZILUSDT | 1W 👀Volumes for buying and selling were equally large, but afterward, the market quieted down again.
The coin is trading within the boundaries of a horizontal accumulation channel and is approaching trendline support.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Zilliqa. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Zilliqa #Investment #ZIL
ZIL will turn into a rocketOne of the remaining symbols of the well-founded market is ZIL.
It has completed a double correction. This double correction has been an expansion triangle + X + contraction triangle which has ended.
The best range for Buy is the green range. But it may not pullback on this range again. In this case, you should buy in steps from the current price to the green range and hold until the target.
The targets are marked on the chart.
Closing 1 daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ Enter The Bullish Zone | ZilliqaThe same project, Zilliqa, but this time the Tether pair; ZILUSDT.
After 539 days, ZILUSDT is now back in the bullish zone.
The move into bullish territory is happening now, this week, so it is only confirmed when the session closes.
Seeing how the rest of the market is doing, we aim bullish.
Another interesting point are the rejections: October 2022 followed by February and April 2023.
March 2024 the resistance is finally broken.
👉 ZILUSDT can produce massive growth; massive as in fast once it confirms the bullish zone.
Additional details (targets) on the chart.
Namaste.