ZILBTC a mega bullish Shark move Upto 1289% expectedHi friends hope you are well, and welcome to the new update on Zilliqa coin.
On the long-term monthly time period chart, the price action of the ZIL has completed last leg of bullish Shark pattern and entered in potential reversal zone. 1st the priceline found a support at 0.00000050 btc and then found another support at: 0.000001150 btc. Simple moving average 7 is forming bull cross with SMA 25.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
This can be upto 1289% big bullish move.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Zilliqabinance
ZILBTC formed bullish Shark | Upto 61% move aheadHey friends, hope you are well and welcome to the new update on Zilliqa coin.
On a daily chart, the price action of ZIL has completed the final leg of bullish harmonic Shark pattern and entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to the Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00000132 to 0.00000115 btc
Fibonacci projection or sell zone: 0.00000149 to 0.00000186 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000115 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets, this trade has a profit possibility of 61% and as per the above-mentioned stop loss, the loss possibility is 13%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free
