ZILUSDT trade ideas
Zilliqa (ZIL) gotta love bullish math.I realize that ZIL may wobble a bit here and there over the next several hours, maybe a day or more. However, from the simple mathematical chart that I've thrown together here, I think we could be in for a good rise if we can just push past that heavy resistance level at about ~T0.1375.
I've assembled this chart to try and be a simple as possible when conveying mathematical charting. There is obviously more that goes into this, however for right now-- this rule of thirds is always something to look for when on an hourly/4hour resolution. More to come on my channel.
I feel that ZIL, ETH and many other tokens are currently VASTLY undervalued. Bottom, basement prices. Like I said...
Patterns, baby.
♠️🤫🐿
ZIL/USDT time for a buy?Looking at ZIL again and the plan to long from current region should be in effect.
Wait for break and retest of Downtrend with TP set at: $0.16200 , $0.18500, $0.2200,$0.26340.
RSI on the timeframes is heavily oversold and we need to be up above the current 4hr MA to long further.
Thanks for viewing! This is not financial advice
ZIL/USDT - Upcoming Reversal ZIL has pulled back and is in a sharp descending triangle. I would wait to see the breakout of the the top of the triangle resistance and confirm the retest the top line as support before putting in a long position.
This is not Financial Advice. This is simply an idea of chart patten recognition I will be using to compare in the future. Do your own research and practice proper risk management. Good luck to all.
More information of descending triangles:
www.investopedia.com
Ziliqa are we stopping ?We should not panic as for now, ZIL currently is still holding at the 0.382 up trend fib channel, looking forward for the bounce back <3
shorter should have good profit for now, let's give ZIL supporter a break.
overall is down -41% from ATH, but still positive toward long at this level ,
HOLD, DCA, Do not play high leverage :)