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
it's an ascending triangle on the daily. So long it!
TheWallStreetWizard
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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!
either way, looks like we are headed up from here