ZILBTC trade ideas
Falling wedge and Fib Retracement - BULLISHZIL currently has one of the setups we are searching for the most. In the long term uptrend, it is important to search for multiple confirmations of buy-back levels. ZIL has several of them.
The first thing we can notice is the same falling wedge pattern. The second is the two horizontal lines that have been drawn from the daily chart, displaying old and strong support levels. Last but not least, we used the Fibonacci Retracement Levels from the bottom Swing to the High Swing levels.
The strongest level being 0.618, we can spot 2 wicks down reaching this support at 150 sat. The 2 wicks down are confirming the demand on this zone.
Our strategy will be to buy back this level and eventually wait for lower levels to accumulate more ZIL. On the other hand, more conservative traders can wait for a breakout of the falling wedge before entering a position.
ZIL/BTC (Trendline Break? Bullish?)ZIL/BTC
-Zilliqa may have found the bottom at 150 sat range
-This is a confluence of previous resistance now turned support
-We can also see a Bullish reversal candle last 2nd of August
-Today, it is trying to break outside the trendline resistance
-If the daily candle can close with a body outside the trendline
-Chances of going up will be higher
-The potential upside is up to 280 sat area
-Bearish scenario, breaking below the green support will invalidate this idea
ZIL / BTC - Good R:R set upI haven't looked at ZIL for a long time, but as soon as you see it hopefully you see why i think it's worth a long.
MACD on the 1D timeframe is crossing. Bullish divergence can be seen, and a reaction at 0.618 fib. Price was rejected from the 55 EMA but used 200 EMA as support. It's quite common to be rejected on the first test.
Swing trade
ZILBTC Bullish penant formation Targeting 350 Sats.As per analysisZilbtc has clearly been have a bullish sentiment.
A nice bull penant formation targeting 350 sats.
Entry on Confirmation at 220 sats for a breakout
Daily candle close is bullish pinbar/ hammer
Currently sitting at a strong .618 (Golden pocket).
Macd on daily hasnt crossed bullish. if it cross bullish then take an entry as well
Enjoy trading this pair.
Thanks,
Please like and subscribe if you are looking for more analysis.
ZILBTC a cup with a handle is formed - there will be strong growZILBTC a cup with a handle is formed - there will be strong grow
Whenever possible, I buy ziliqa in anticipation of strong growth.
P.s. Make the decision yourself at your own risk ...
Global outlook on ZIL formed by saucer, weekly timeframeGlobal outlook on ZIL formed by saucer, weekly timeframe
A global view on ZIL formed a saucer, a weekly timeframe, roughly drew possible scenarios, there will definitely be strong growth, but when the first support line is retested or the second, we will look ...
zilliqa has reached the bottom of the channel, will grow.zilliqa has reached the bottom of the channel, will grow.
I drew a possible movement on the chart with arrows, given that there is a lot of good news about zil, I think it will grow and possibly very strongly ...
zilliqa has reached the bottom of the channel zilbtczilliqa has reached the bottom of the channel zilbtc
the movement of bitcoin was disrupted by the gradual growth of zilliqa, but I think that this is temporary and the closure of this weekly candle will show what will happen next ...
Zil/btc 50% retracmentPersonally i think one more leg down before consolidation, and take off again.
Inverted Cup and Handles. Hello Trader,
Waves are forming an inverted cup and handle pattern. It would be an excellent opportunity for a swing trade.
Please push like button and follow us on tradingview.
ZILBTC longgggZilliqa is in a great buy zone, probably the last but very short time window to buy. It should do 2-3x in the next couple of months IMO.
ZIL buy opportunityPlease feel free to comment or challenge me on my TA. If you like my idea, leave a like to show support.
--------------------------------------------------------------------
Following BITBAY:BTCUSD strong move last weekend many alts didn't survive the pressure. For certain quality projects, such as Zilliqa, this means a lovely buy-in opportunity.
- Fell straight through .5 FIB level
- .681 FIB level coincides with daily support @193 sats
- Hidden bullish divergence on the RSI
- RSI entering oversold area
Entry zone: yellow box between 129 & 140 sats
Target points: 167 - 193 - 214
Watch out for Bitcoin's movement. Set your stop losses tightly.
*Not financial advice*
ZIL-BTC Zil broke out from bull pennat 3days ago, now testing trendline from other side.
1d MACD soon to flip bullish, stoch at 31 also good.
Correction seems to finish soon.
Swing trade idea ZILEntry point 188 Sats, capital 8,9 BTC
TP on the chart, hope for the best, cheers.
