We assume that the overall bull market in the crypto space will continue in 2021 amid the current selling pressure the markets are experiencing in Late March.
This chart communicates a scale-in plan to accumulate a position in Zilliqa.
The overall chart remains bullish.
Green Circles (Yellow Dashed Lines) show Buy Targets
Red Circles (Red Line Ranges) show potential Sell Targets
This is not trading advice but designed for practice analysis.
This chart communicates a scale-in plan to accumulate a position in Zilliqa.
The overall chart remains bullish.
Green Circles (Yellow Dashed Lines) show Buy Targets
Red Circles (Red Line Ranges) show potential Sell Targets
This is not trading advice but designed for practice analysis.
Comment:
It is also an option to start the scale-in position here. ZIL has not yet confirmed that it will rebound, but if it maintains the .15-.16c price level over the next 24 hours, it is an option to start the scale-in. Zil will need to confirm action back above .156 cents.