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MyCryptoParadise
Oct 21, 2023 8:05 AM

ZIL/USDT upward momentum? 👀 🚀 ZIL Today analysis Long

Zilliqa / TetherUSBinance

Description

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💎 Paradisers,zilusdt currently, it's showcasing a captivating shift, having broken free from its longstanding descending channel, hinting at a heightened likelihood of an upward trajectory.

💎 For a considerable duration, ZIL has been navigating within a descending channel. Now, having successfully breached this channel, the odds are increasingly favoring a move to address the Bearish OB and the supply zone.

💎 Positioned in the demand zone, if the price of Zilliqa surpasses the .01724 mark, the bullish momentum is likely to intensify. It's worth noting that while some novices might be tempted to short at this juncture, it's prudent to maintain a broader perspective.

💎 On the flip side, should the price descend below the .01625 demand level, the probability leans towards a retest of a more formidable support. As always, remain vigilant and strategize accordingly!

Trade closed: target reached

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💎 Bingo! #ZILUSDT is dancing to our tune, up 12.25% just like we predicted.

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