ZILUSDT - Asymmetrical triangle, possible entry

Zilliqa / TetherUS (BINANCE:ZILUSDT)

Updated

BINANCE:ZILUSDT Zilliqa / TetherUS

ZIL is working itself through an asymmetrical triangle and has hit its bottom unless a break-out downwards occurs in the next hour to come. If not, ZIL will likely trend upwards up to 0.19

Comment:

BTC's downtrend has affected ZIL tremendously and needs to stabilize before any entry.

Comment:

As the breakout seems mainly to be due to BTC, it is not unlikely we will se a pullback into the triangle soon.

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