TradingView

Possible ZIL Movement Soon?

Zilliqa / US Dollar (calculated by TradingView) (BINANCE:ZILUSD)

BINANCE:ZILUSD Zilliqa / US Dollar (calculated by TradingView)

223 views

Zilliqa, the ancient sharding project that I use to be heavily invested in 2017, now seems to be consolidating and possibly revering up for a big move soon after its run-up from the past few weeks. I know descending triangle patterns are usually bearish but I'm unsure about this one. I think this post is more of a notice of possible movement soon, so I'm going to keep ZIL on my watchlist. I sold the ZIL bag months ago so I have no position in it...yet

Comments

given the recent wave 1 action it is likely easier to interpret this as a bull flag, rather than descending triangle.

either way, looks like we are headed up from here

GJMRealEstate

@GJMRealEstate, Looks like it worked out well

Just know we called it a few months from now !

Olutobi-Ogunsemore

@Olutobi-Ogunsemore, Check it out now

Godzilliqa is fixing to pop anytime soon

it's an ascending triangle on the daily. So long it!

I agree, ZIL has always been a very good performer in bull markets. I don't see why it wouldn't want to keep up with the majors like XRP or ETH at the moment. Price has found a beautiful support region. I am long!