The name and introduction of the project token, and which exchange can be traded on, project/technical/team background, etc.

The name of the token I traded today is called Zilliqa popularly known as Zil. It was started on June 2017 and it's testnet was launched on March 2018 and after do many modifications it's mainnet was launched in June 2019. This great project was initiated by Prateek Saxena, an assistant professor at the National University of Singapore School of Computing. He brought the idea to existence through the help of his students who helped him in carrying out his research while he was teaching them.

Zil is a permissionless public blockchain that is created to allow high level of transaction to be completed at the same time in the blockchain to enable high level of scalability. It's major purpose and advantage is to solve the problem of low scalability in the blockchain technology by introducing the system of sharding which is a second layer solution that brings about speedy transaction and low transaction fee in the blockchain. This platform is highly related to Decentralised Finance(DEFI) which gives room for staking and farming to yield passive income for long term

Exchanges Traded

They are as follows:

Source: coinmarketcap.

Source: coinmarketcap.

Source: coinmarketcap.

Fundamental / Technical Background

There are all in the below picture:

Source: coinmarketcap.

Why are you optimistic about this token today, and how long do you think it can rise?

I am optimistic about this token today because of the high volatility I noticed on it haven checked out constantly for the moves it makes in the past weeks. It gave me a good sell opportunity as well.
I believe it will rise to my level of take profit.

How to analyze the token? (using the analysis knowledge learned from professors’ courses) - the most important part.

I analyzed the token using multi time frame analysis, support and resistance and the Moving Average Crossover indicator.

I first made use of the 4hr time frame to find out the direction of the market movement which was bearish after I drew my support and resistance zone in my chart. You could clearly see price rejecting at the resistance zone and bouncing back downwards.

Source: Tradingview

Then I changed over to the 5mins timeframe where I applied the moving average crossover. I noticed that the 21MA which was the higher length crossed over downwards to the 9MA length which signifies a clear downtrend according to the rule of MA crossover.

Source: Tradingview

I took my entry, take profit and stop loss and executed the trade on my binance app.

Source:Binance

Here is a progress of the trade.

Source:Binance

Do you intend to keep it for a long time or when to sell it?

I intend to sell it once it gets to the level of my take profit. I only intend on holding for a short term because it's an intraday trading competition.

Do you recommend everyone to buy? and the reasons for recommending/not recommending.

I don't recommend everyone to buy this token. I think it's better if they can make there personal research and analysis, then choose any token of there choice and take a trade on it.

Anything other users want to share about the token/project.

I was like the user to know the link by which they can reach the project in various mediums.

Bitcointalk : bitcointalk.org

Reddit : https://reddit.com/r/zilliqa

Twitter : https://twitter.com/zilliqa

Telegram : https://t.me/zilliqachat

Github : https://github.com/Zilliqa

Website : https://www.zilliqa.com/