We observed a huge rally in the past 3 months and we reached levels quite far from moving averages. As hype keeps talking about moon I would rather wait for lower prices. Please check info on the chart and notice we high RSI levels as well as Choppiness levels gaining full strength for a big move. Thank you for leaving like or comment if you feel to do so.
We just got out of rising wedge formation ( 4H candle must close below formation support). According to Wyckoffian logic (google: wyckoffian logic distribution accumulation on images) we had a failed rally 30 May and are on the way down. Short term we may test MA200 4H, long test the marked fibonacci level. Please check for additional ideas on the chart. Do not...
Dear Colleagues, recent new lows confirmed momentum to the downside. Expecting reverse on the red line and possible iH&S being drawn further in time. Please leave a like if you like the material, thank you :)
ZIL rescheduled their mainnet thus no additional volume may come in the following months. BTC condition will decide the most of the ZIL price.