Skyrex

ZILBTC Double bottom and triangle

Long
Skyrex Updated   
BINANCE:ZILBTC   Zilliqa / Bitcoin
At the moment the coin looks optimistic, it can fluctuate in the range of 0.0000105-0.0000108, but has a high potential to break through resistance shown on the chart.

The price is going to test upper edge of descending Triangle in case of success it will break through it and consolidate above resistance of Ichimoku clouds zone. Which will bring significant growth.

ZIL found its support and the price is at the Double bottom pattern which is being formed now. Indicators suggest it will be finished which will bring the price outside of mentioned triangle and resistance.

Signal with targets, buy zone and stop loss is in the Premium
Trade active:
#ZIL

Update

Perfectly follows our analysis. Currently Double bottom is being formed, the price bounced from the lower edge of the triangle
Comment:
Our mid term signal reached 2nd target on 18th of July

Profit: 14.3%
Duration: 7 days

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