MarketMinds

Alligators Trend Following on ZIL

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
Hello, Traders.

Our indicator is showing that we are still in a downward trend since the formation of the top, I believe that we can sideways between 180 satoshis to 220 satoshis, that is quite a volatility.
The buying point in this asset is when the price goes above the alligators moving averages, so the buy point is going to be on the pullback to the "lips" line
See in this example above what needs to happen in order to have a good buy, the price needs to be above the 3 lines of average movements and make a pullback to the green line, so we end an excellent trade with a good risk-reward.
Patience Pays.

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