Ziliiqabtc
ZILBTC Crazy price actionFormation of a triangle, looking for a return to the 0 fib level before upward movement returns, looks like some nasty accumulation.
There is a possibility for the beginning of an uptrend in ZILBTCTechnical 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 54.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458)
Ending of entry zone (0.00000412)
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= @ 0.00000500
TP2= @ 0.00000576
TP3= @ 0.00000680
TP4= @ 0.00000684
TP5= @ 0.00000684
TP6= @ 0.00000832
TP7= @ 0.00000960
TP8= @ 0.00001130
TP9= @ 0.00001370
TP10= @ 0.00001610
TP11= @ 0.00001955
TP12= @ 0.00002393
TP13= Free