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EuroMotif
Apr 6, 2019 12:33 PM

ZIL/BTC has Blue Skies above thick roof: Ziliqua breaking out ? 

Zilliqa / BitcoinBinance

Description

Ziliqua has been fighting strong resistance and has recently pierced it.
Now retesting that ceiling to act as strong floor for jump to next band.
There is quite a bit of "wide open space" from here to the first Target.

500/510 sats hoefully become support.
660/670 should be quickly achievable.
760/780 may take 2 waves weeks apart.

857 will be a very focussed resistance.
925 will likely cause a strong retrace.
1000 sats plausbile if momentum builds.

Take a look at some of my other recent plots:

ADA breakout call


XLM breakout call


DASH topping call


ZRX bounce call


TRX support zones


BNB support zones


And others below under Related Ideas.

Comment

Under the microscope, it looks like possible end of a wave down
It needs to break out of band 4 and through Band 3 for bulls sign.

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Comments
AnthonyManuelDosSantos
Hi mate what’s the stop loss for Zill?

Cheers
EuroMotif
@AnthonyManuelDosSantos, Hi, trade has not triggered yet, waiting for it to get past 500 and then establish that as support....
Then once entered, SL would be just below the band at like 479.
AnthonyManuelDosSantos
@EuroMotif,
I bought at 496 sats and it just keeps dropping not sure if I should sell or hold.

Cheers
EuroMotif
@AnthonyManuelDosSantos, oh I see!
I really cant offertrading advice, but I guess it all depends on BTC/USD pulling back which seems eminent but is not happening :(
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