ZILUSDT"I opened my trade at lower levels and have held onto it until now. If you enter the trade now, it may be a bit risky, but if you enter after the hypothetical line I drew breaks, the risk will be lower."
ZILBUSD
Zilliqa still got some juice leftforming a rounded bottom with RSI bullish divergence in 1 h to 4h .
Seems like all set for a reversal. Will it continue and break all time high? That we will have to wait and watch
Cheers
-Nav
💡Don't miss the great buy opportunity in ZILUSD @zilliqaTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.1200).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.1555
TP2= @ 0.1830
TP3= @ 0.2070
TP4= @ 0.2275
TP5= @ 0.2560
SL= Break below S2
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