ZILBTC trade ideas
Zil/Btc technical analysisWe are doing Analysis of ZIL/BTC on multiple Timeframe .
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Thanks
Anish kumar
💡Don't miss the great buy opportunity in ZILBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000021).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Zilliqa/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 0.0000033
TP2= @ 0.0000039
TP3= @ 0.0000048
TP4= @ 0.0000058
TP5= @ 0.0000067
TP6= @ 0.0000090
SL= Break below S2
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Ziliqua forming bull pennant for min 20% moveI would buy it on close above 297 on 15min chart. with stop loss few units below or below recent swing low
ZIL Looking for a Bullish MoveIt have a potential to go 60-100 % in mid term. Also FA is strong on this coin.
Targets are mentioned with Red Lines (All are Fibonacci Based)
