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OuSen
Dec 30, 2020 5:41 AM

Zilliqa bull pennant Long

Zilliqa / US DollarBinance

Description

This bullet pennant has a target of 0.14. Has potential to be the gas for zilliqa to go to ATH's. Watch closely, would like to see a break with volume probably wont get a retest of a S/R flip given the bullish structure of the coin.

Trade active

Broke down but theres not a volume, likely a fakeout. Still believe we move upwards but if youre cautious you can wait for a S/R flip at 0.1

Trade closed manually

Showing weakness, time to close the position and look for a better setup at support areas
Comments
Clevermoose
I have something similar in my charts. I’m following the channel and we’re close to tapping the bottom line. Which means only up from here there may or may not be a half cent lower difference. I personally am happy with my purchase we’ll see good luck everyone
phuketmymac
The bull run has started.
amusedMoth9537
Zil went up from 0.003 in March to 0.076 today, Dec 31st. Am I the only one seeing a correction to 0.0275 line?
overshoot
Seems like we already did exist that triangle from the bottom.
un533nX
Looks like we are gonna break out of this triangle formation to the upside to me. Where should I set my Stop Loss?
ramgopalvarmareddy
is gonna possible in coming week?????? can u tell pls . r it is going to make correction at 0.06????????????????????
JasonBourne77
amusedMoth9537
@ramgopalvarmareddy, Hi there, Why 0.06 ?? Where are you seeing 0.06 ?? When I look at the chart I see 0.0275 support line... Can you comment on that?
angelrose49
I like it - I drew the same lines on my chart for my own reference earlier this evening - we'll see what happens tomorrow!
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