🚀ZIL is showing a bullish idea with a W pattern💎 Paradiser, #ZIL is currently displaying a bullish market structure, characterized by the formation of a W pattern and the presence of Change of Character (CHoCH) and Break Of Structure (BOS).
💎Furthermore, #ZILUSDT has successfully broken above the 200 EMA, indicating potential bullish momentum. However, it's crucial to await confirmation before making any trading decisions.
💎If the price manages to break above the resistant level, it may signal further upward movement, targeting the next resistance levels.
💎In the event of a pullback, we could anticipate a bounce from our key level. However, it's advisable to set smaller targets in such scenarios.
💎Nevertheless, If the price break down below all key levels, it may be considered bearish. However, it's recommended to wait for clearer market signals before taking any action.
Zilusdt
ZIL: Bullish Momentum Expected Following Falling Wedge 💎ZIL has recently broken out of a falling wedge pattern, forming a W pattern, and is currently consolidating on a bullish Order Block (OB). This consolidation suggests a potential bullish momentum, with expectations of a move towards the next resistance zone around 0.02105.
💎Confirmation of the W pattern and a safer trading opportunity would occur upon a breakout above the 0.02105 level. Such a breakout could pave the way for further upside towards the subsequent resistance levels at 0.02328 and 0.02635.
💎Conversely, a breakdown below the support area of 0.01864 may signal a shift back to bearish sentiment. In such a scenario, we could anticipate a continuation of the downward movement in the price of ZIL.
📈 ZILUSDT: Soaring with Volume Growth! 🔥💹🚀 Growth Dynamics:
The ZILUSDT coin has experienced a significant increase in volumes by 133.3%, which could serve as a key factor in the current price movement.
📊 Traded Volume:
The traded volume, reaching 1.4 million, indicates active trader participation, potentially adding extra momentum to the price movement.
🔄 Delta:
With a delta of 2.3%, there is a noticeable positive change in market conditions, where demand may exceed supply.
🌐🔍 Visualization of Trading Activity:
Analyzing the price movement in the context of growing volumes suggests that the market is witnessing active trading interest, creating conditions for further movement.
🚀💡 Perspective Scenarios:
Consider possible scenarios based on the dynamics of volume growth. Actively monitor price and volume to identify entry and exit points.
📈📉 Trading Flexibility:
Maintain flexibility in your trading strategy, be prepared for various scenarios, and adapt to market conditions.
🚀 ZILUSDT Rocket Launch:
Prepare for an exciting movement, considering the dynamics of volume growth on the ZILUSDT coin. Happy trading! 🚀🌐 #ZIL #CryptoVolumeBoost 🌐🚀
Is Zilliqa ready for Reversal? 0.11-0.12 is the strong support In Few Weeks ZIL moved 5X and made high of 0.23. Now its in retracement mode trading at 0.1274. The area around 0.11-0.118 will act as a strong support zone
There are two possibilities
1. 0.11-0.12 zone will be the strong support area for #ZIL and high probability that it will reverse from that zone
2. If it shows reversal before 0.12 and sustains above 0.14 for 30 minutes, there will be good upside
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
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ZIL/USDTThis might be the best time to enter ZIL/USDT as it has been consolidating for a long time now and has been trying to breakout from the downtrend forming the LH's and HL's which we normally can see as a symmetric triangle .They have many exciting news lined up in this month and the next. Green (*targets/resistance lvls*) and Red (*support lvls*).
DISCLAIMER : I am not a Financial Advisor, this chart is just for educational purposes only (DYOR).
BINANCE:ZILUSDT
💡Don't miss the great buy opportunity in ZILUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.06480).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.07500
TP2= @ 0.08130
TP3= @ 0.09070
TP4= @ 0.10000
TP5= @ 0.11330
TP6= @ 0.13000
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
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Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️