Recent Blockchain (2017), but already in the Top 50 of coinmarketcap,
ZILLIQA distinguishes itself by its advanced technologies:
- Sharding: intelligent division of workload between minors
- "home" language supposedly more efficient for its Smart Contracts
I didn't buy ZIL in 2018 because I found it overvalued with regard to its strong supply of about 1 Billion, but its strong retracement as on the majority of the crypto-market makes it today seems particularly interesting in terms of risk-reward
My opinion is of course supported by chartism in progress, which seems to be now in a Symmetrical Triangle of continuation with target at $ 0.03
The volume analysis corresponds to the rapid rise then slow decline typical of symmetric triangles:
we must now monitor the rise in future volumes, necessary for a bullish breakout
The RSI 14 indicates a recent overselling that is a priori auspicious for the future (see the precedents that I highlighted on this indicator)
This remains a trade "high risk high reward", so in your soul and conscience after thorough study of fundamentals, team / community / partnerships, etc. You alone are responsible for your investments, good luck to all!
ZILLIQA distinguishes itself by its advanced technologies:
- Sharding: intelligent division of workload between minors
- "home" language supposedly more efficient for its Smart Contracts
I didn't buy ZIL in 2018 because I found it overvalued with regard to its strong supply of about 1 Billion, but its strong retracement as on the majority of the crypto-market makes it today seems particularly interesting in terms of risk-reward
My opinion is of course supported by chartism in progress, which seems to be now in a Symmetrical Triangle of continuation with target at $ 0.03
The volume analysis corresponds to the rapid rise then slow decline typical of symmetric triangles:
we must now monitor the rise in future volumes, necessary for a bullish breakout
The RSI 14 indicates a recent overselling that is a priori auspicious for the future (see the precedents that I highlighted on this indicator)
This remains a trade "high risk high reward", so in your soul and conscience after thorough study of fundamentals, team / community / partnerships, etc. You alone are responsible for your investments, good luck to all!
Dagangan ditutup secara manual
Be careful now with the bearish influence of Bitcoin (bearish H & S)!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.