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Weekly forecast Zilliqa technical chart
Symbol ZILUSD

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.01960 to 0.01871). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.01960)
  • Ending of entry zone (0.01871)

DateFebruary 20, 2024 - 09:21
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 0.01871, continuation of uptrend is expected.
  • We make sure when the resistance at 0.02766 breaks.
  • If the support at 0.01871 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.01940 on 02/05/2024, so more gains to resistance(s) 0.02500 and maximum to Major Resistance (0.02766) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 68.

Take Profits:

  1. 0.02324
  2. 0.02500
  3. 0.02766
  4. 0.02901
  5. 0.03618
  6. 0.04970
  7. 0.05800
  8. 0.08535
  9. 0.09855
  10. 0.11570
  11. 0.13540
  12. 0.18468
  13. 0.23070
  14. 0.25722
Click on the level to view price action history.

Symbol Released Current Forecast
Zilliqa (ZILUSD) new Sat, 13 Apr 2024
Zilliqa (ZILUSD) free Sat, 6 Apr 2024
Zilliqa (ZILUSD) free Sun, 31 Mar 2024
Zilliqa (ZILUSD) free Sat, 23 Mar 2024
Zilliqa (ZILUSD) free Sun, 17 Mar 2024