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Zilusd

Who wants to be a $Zillionaire? Let's explore the dip!Foremost, this is a study piece that employs Elliot Wave analysis to anticipate $ZIL's trajectory in the near term. This is NOT FINANCIAL ADVICE . We begin by acknowledging that $ZIL is currently on its own Super Cycle, beginning from 2020's nadir in March: Corrective Wave (II) underway, at the Super Cycle degree. This is quite the achievement for this nascent protocol with burgeoning roots within the global crypto community, so kudos to all you Zilliqans out there. 💎 🙌 though, because a ~61.8% retracement can be expected in the midterm -- dayum these second waves! $ZIL's second wave is notably lengthy and boring, as evident by Jun 2020 to Sep 2020 consolidation period, where price retraced ~61.8%: Corrective Waves ((A)), ((B)) and ((C)) playing out over a roughly 3.5 months at the Primary Cycle degree. With that in mind, expect a low-key few weeks ahead, as $ZIL enters a consolidation period. While the next Impulse Wave (III) at the Super Cycle degree is highly anticipated and desired, it probably won't happen until May/Jun of 2021. We will have to contend with going through the motions of a midterm bearish trend for now: Corrective Wave B underway, at the Cycle degree. If we are to consider Corrective Wave A (appearing as a leading diagonal) to have completed after touching $0.081, then we can apply the usual retracement for a Corrective Wave B, which is between 32.8% to 78.6%, with a target price of $0.14. However, there is also the low possibility that this Corrective Wave A has not yet completed its move, which turns it from a leading diagonal into an impulse wave instead, with a target price of $0.064 -- but we will put aside this theory, until more confirmation appears. Either way, anticipating that we are in a dip, acknowledging that it will be a strong and long dip, and having the guts to endure ( and also buy ) the dip.. ..will be key to becoming a $Zillionaire!
Z
by googooboyy
1
ZILUSD Ready For A Quick 60% PumpZILUSD is looking very bullish on 1H-4H TF. Current price action showing a symmetrical triangle being formed with a very high probability of breaking out upwards. Note how the highest candle corresponds to very high volume and that volume began to lower since that big move. This indicates that majority is still bullish and you can expect a high pump of somewhat the same size as the leg up which was 117%. Personally I'd like to see a breakout backed by a sudden high amount of volume and this could be a quick and big play. It's basically the same price action for the most altcoins at the moment so alot of altcoins like VETUSD are making the same patterns. From my perspective, it's just a matter of market cap size and the previous leg of a pattern that decides and more accurately predicts how high the next move up would be. Target: my Price Target is around 0.22 USD and I estimate it to be hit 3-7 days after breakout. May easily hit 0.25-26 USD depending on further price action. It's also an interesting project for being a rank 53 crypto . Zilliqa is one of the fewer networks whose ecosystem is (partially) based on Byzantine Fault Tolerance as consesus protocol with a very high amount of TPS: Zilliqa compared .
ZLong
by jonathanvn
4
Next real stop for Zilliqia before retraceWell thats a tough question, We never really went down at 0.07-0.08usd but I doubt it will go so low, max around 0.09-0.1 because then i believe BTC will retrace at around 50k and I think we will end up somewhere in the demand zone, the green line is my 1st target but as btc moves and people selling of it can change, But remember Zil cant go zero and will def be back when we have btc stronger, doesnt matter if btc drop to 40-45k, we will still have 0.12usd zil within the week so no panic if you bouht in guys, its hard to try and time the market.. Well anyway friends i wish you the best on this war day and be safe trading!
Short
by Robbanbro420
1
Zilliqa ZILUSDT - Bull flag + Head and Shoulders- We can clearly see a Bull flag and Head and Shoulders continuation patterns on the Daily chart - ZIL is currently in a huge bull run and there is no reason to go down - Our profit target is 1.618 fib extension for next wave Hit the like button and follow me. Don't miss any update! Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
Long
by UnknownUnicorn2537518
22
ZILUSDT breaking out of consolidation. Waiting for daily close.A nice textbook setup forming for this coin. Needs to be confirmed but looking good so far. Market has been all sideways lately so watch out for more of that (e.g. false break). Assuming this breakout is strong, one may expect the current candle to close near its high and a nice follow through candle tomorrow. A re-test of the trend line support is also a valid price action in a bullish breakout scenario. Not trading advice.
Long
by thedailychartist