moon333

ZILBTC formed bullish Shark | Upto 61% move ahead

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
Hey friends, hope you are well and welcome to the new update on Zilliqa coin.
On a daily chart , the price action of ZIL has completed the final leg of bullish harmonic Shark pattern and entered in a potential reversal zone.

Buying And Sell Targets:
The buying and sell targets according to the Fibonacci sequence of harmonic Shark pattern should be:

Potential reversal or buying zone: 0.00000132 to 0.00000115 btc
Fibonacci projection or sell zone: 0.00000149 to 0.00000186 btc

Stop Loss:
The potential reversal zone area that is up to 0.00000115 can be used as stop loss in case of complete candlestick closes below this level.

Possible profit and loss ratio:
As per above targets, this trade has a profit possibility of 61% and as per the above-mentioned stop loss, the loss possibility is 13%.

Note: The idea above is for educational purpose only, do not take it as investment advice.
Trade closed: target reached: By the grace of Allah, the most high, this trade produced more than 61% rally