ZIL/USD- Entry on ZIL? Due for Retrace? We have seen Zilliqa be an absolute monster over the last couple of weeks and enjoyed success when the 'cup and handle' played out perfectly.
We exited here at 80% to the good and are now looking to re-enter this project.
Due to the angle of this pump it is hard to chart but currently looking for a retrace to previous support for possible entry.
Apologies to those that are currently long on this because I'm hopeful for a rejection and subsequent retrace.
I am however long on this project overall. (Just being greedy on finding a suitable entry)
The indicators suggest it may happen but all bets are off if we break from this already bullish resistance line.
As always, not financial advice, just my own TA.
Any feedback on entry price here would be appreciated because I'm very keen on an entry sooner rather than later with this project.
Bingaz.
