ZILUSDT Market Analysis: Bullish Breakout or Not?
💎 Yello, Paradisers! Let's zoom in on ZILUSDT as it shows an exciting setup at its resistance point, hinting at a possible bullish breakout from the Bullish Order Block (OB).
💎 Zilliqa has been adhering to a descending trendline but has recently made a significant upward break from this channel. There's a strong likelihood that ZIL will aim for higher liquidity in the supply zone.
💎 Further bolstering the bullish case is ZIL's continued robust performance above the EMA100, reinforcing the positive outlook.
💎 However, caution is key for traders: a dip below the 0.200 mark could be an indicator of a shift towards bearish conditions. It’s crucial to monitor these movements closely and plan your strategies wisely.
💎 Elevate your trading strategies for Zilliqa with insights from ParadiseFamilyVIP. Engage with our in-depth analyses on ZIL and other promising tokens to sharpen your cryptocurrency trading skills. 🌴💰
💎 Zilliqa has been adhering to a descending trendline but has recently made a significant upward break from this channel. There's a strong likelihood that ZIL will aim for higher liquidity in the supply zone.
💎 Further bolstering the bullish case is ZIL's continued robust performance above the EMA100, reinforcing the positive outlook.
💎 However, caution is key for traders: a dip below the 0.200 mark could be an indicator of a shift towards bearish conditions. It’s crucial to monitor these movements closely and plan your strategies wisely.
💎 Elevate your trading strategies for Zilliqa with insights from ParadiseFamilyVIP. Engage with our in-depth analyses on ZIL and other promising tokens to sharpen your cryptocurrency trading skills. 🌴💰
Trade closed: target reached
Nailed it again - #ZIL is up 47.82%, right on cue!Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.