In Few Weeks ZIL moved 5X and made high of 0.23. Now its in retracement mode trading at 0.1274. The area around 0.11-0.118 will act as a strong support zone
There are two possibilities
1. 0.11-0.12 zone will be the strong support area for #ZIL and high probability that it will reverse...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
This might be the best time to enter ZIL/USDT as it has been consolidating for a long time now and has been trying to breakout from the downtrend forming the LH's and HL's which we normally can see as a symmetric triangle .They have many exciting news lined up in this month and the next. Green (*targets/resistance lvls*) and Red (*support lvls*).
DISCLAIMER : I...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.06480).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/TetherUS is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a...
zil about to break multiyear downtrend.. packed your bags ASAP with the new staking mechanism and bunch of news in December
this gonna be worth riding...
Target :- 0.036 , 0.050 , 0.08
