Zilliqa- ZILWith shift in narratives so sudden, there seems to be a great development in the web3 gaming side of things. This could be a strong narrative when it manifests.
Projects like ZIL, trying to place themselves for that shows positive signs. ZIL has been around for a long time and has its pump sooner or later.
This chart is looking great. Signs of bottom are there and signs of accumulation with price support for weeks is assuring. Will be buying spot first, then plan longs when it finally starts to move.
NFA, good luck.
Crypto
Shiba Inu-Double bottom retestingShiba Inu coin formed a double bottom pattern in 15m time frame.It is retesting now from the neckline(S1) and can give a upper breakout to R1.If the neckline breaks out with high volume candles,a long trade can be initiated.Support and resistances are marked on the chart.keep on eye on this trade.
Happy trading.
BITCOIN IN A MOOD TO MAKE A BIG MOVE SEE THE PATTERNS Bitcoin is holding range of 23400-22400 a breakout is necessary for a big move from previous trend investors are expecting some big move in bitcoin upside direction so traders can play in a range by buying at whenever btc touches or support price.
DICLAIMER: THIS POST IS FOR EDUCATIONAL PURPOSES ONLY THIS IS NOT ANY RECOMENDATIONS TO ANYBODY FOR BUYING OR SELLING IN MARKET.
matic bullishcreating a base just below strong resistance ..
can be a good buy abv 1.05
and good for investing also
HEAD AND SHOULDER PATTERN (SELL SIDE)SELL: 382 to 373
TARGET : 320
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 320 in monthly time frame and then try sell. Waiting for neckline breakout.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
BITCOIN Poised for Next Bull RunOn Weekly Basis:
BITCOIN completed its correction from peak USD 69000 to 15500 in its Grand Wave. There is a support at 19160 on weekly charts when it made a peak in December, 2017 and also paused in June, 2022. Though it broke briefly at 15500. Grand Wave Correction 1, 2, 3, 4 and 5 is over in Bitcoin. Bear cycle looks like, it is over. First break out has happened by breaking away from downward trend line. One can be cautiously optimistic and it provides a good choice to buy at current level with a target of 31000. There is a chance of golden cross over happening at 200 DMA. It has come out of deep oversold position to neutral zone. RSI was deeply oversold in July'22 before showing the signs of bottoming out in November'22. Now it has broken the downward trendline and 200 DMA convincingly. Strong pullback or beginning of new Bull market is possible.
Warning and Disclaimer:
Above prediction should not be taken as financial advise, it is a personal opinion.
Consult your financial advisor.
Investment is subject to market risks.
Past performance is not the guarantee for future performance.
It is for educational purpose only.