ZIL Bullish potential

By Zivul33
Updated
ZIL price-action has been traveling through a channel since August with a few attempts testing the upper zone of the Green channel highlighted on the chart.

We believe a new attempt to test this channel resistance is on the way.

Squeeze momentum has been stretching on daily Time-frame with a bullish divergence on four hour TF.

The Major red dotted Resistance above the channel are the next targets in case ZIL breaks out of the channel.
Trade active
after BTC bullish trend Zil has found itself with bullish candles at the bottom of the channel perfect time to get in with SL below 48 satoshi
Trade active
after BTC bullish gains today ZIL still carrying the same paste at the bottom of the channel
Trade closed: target reached
snapshot
Bullish DivergencechannelbreakChart PatternsTechnical IndicatorssqueezemomentumTrend Analysiszillong
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