opportunity to buy Zil?hey guys,
support/resistance lines are shown.
right now we are in a good spot to buy the first step in my opinion!
target is ATH(=~ 15cent good point to take profit)! however, we must always see how BTC doing after that go buy altcoins.
never forget investment principles and do your research before investing.
good luck.
Zilbinance
ZIL/BTC -> Potential Entry Point (Novice Analysis)If you haven't gotten into a position on $ZIL yet
now could potentially be a good time to do so.
1W volume influx is incredible.
Price has been ranging well in this Modified Schiff
Pitchfork and it seems likely it will continue doing so.
Short term resistance at ~314 sats has been touched
multiple times making it weaker and a mid term target
would be previous ATL at 347 sats.
Long term hold for 497 sats at the next major resistance.
An entry between 240-250 sats looks ideal for this next
move.
Stop at 220 sats, just below the previous S/R flip
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN 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 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free
There is a possibility for the beginning of an uptrend in ZILBNBTechnical analysis:
. ZILLIQA/BINANCECOIN 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 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003100 to 0.002600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003100)
Ending of entry zone (0.002600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.004170
TP2= @ 0.004840
TP3= @ 0.005730
TP4= @ 0.006460
TP5= @ 0.007680
TP6= @ 0.009250
TP7= @ 0.010820
TP8= @ 0.013060
TP9= @ 0.015900
TP10= Free