ZIL/BTC -> Novice Three Candle Bullish Reversal Prediction
A Dragonfly Doji seems to be in the makings for ZIL/BTC.
This bullish three candle reversal needs the next day's
candle to confirm as bullish as well to prove the subsiding
sell pressure.
If confirmed as a reversal, first target would be ~381 sats.
Next target would be ~430 sats met by resistance that has
already been tested once so the rejection off of it (if any)
won't bounce as hard as it did April 19-23.
Invalidated with April 25 1D candle closing bearish.
This bullish three candle reversal needs the next day's
candle to confirm as bullish as well to prove the subsiding
sell pressure.
If confirmed as a reversal, first target would be ~381 sats.
Next target would be ~430 sats met by resistance that has
already been tested once so the rejection off of it (if any)
won't bounce as hard as it did April 19-23.
Invalidated with April 25 1D candle closing bearish.