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Zilanalysis

🚀ZIL is showing a bullish idea with a W pattern💎 Paradiser, #ZIL is currently displaying a bullish market structure, characterized by the formation of a W pattern and the presence of Change of Character (CHoCH) and Break Of Structure (BOS). 💎Furthermore, #ZILUSDT has successfully broken above the 200 EMA, indicating potential bullish momentum. However, it's crucial to await confirmation before making any trading decisions. 💎If the price manages to break above the resistant level, it may signal further upward movement, targeting the next resistance levels. 💎In the event of a pullback, we could anticipate a bounce from our key level. However, it's advisable to set smaller targets in such scenarios. 💎Nevertheless, If the price break down below all key levels, it may be considered bearish. However, it's recommended to wait for clearer market signals before taking any action.
by MyCryptoParadise_Nathan
ZIL: Bullish Momentum Expected Following Falling Wedge 💎ZIL has recently broken out of a falling wedge pattern, forming a W pattern, and is currently consolidating on a bullish Order Block (OB). This consolidation suggests a potential bullish momentum, with expectations of a move towards the next resistance zone around 0.02105. 💎Confirmation of the W pattern and a safer trading opportunity would occur upon a breakout above the 0.02105 level. Such a breakout could pave the way for further upside towards the subsequent resistance levels at 0.02328 and 0.02635. 💎Conversely, a breakdown below the support area of 0.01864 may signal a shift back to bearish sentiment. In such a scenario, we could anticipate a continuation of the downward movement in the price of ZIL.
Long
by MyCryptoParadise_Nathan