Zivul33

ZIL Bullish potential

Long
Zivul33 Updated   
BINANCE:ZILBTC   Zilliqa / Bitcoin
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:

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