ZILUSDT is currently at a crucial point considering we see a wedge forming on the hourly. One can argue that this is a bullflag we're seeing, but it all depends if it holds the support area and breaks out of the local resistance area where we're seeing a lot of selling pressure between the 0.85 - 0.88 price levels. If it breaks out the local resistance area, it is likely that it will push further upwards to retest the ATH. If it doesn't respect the wedge and breaks below the current support area, chances are it will retest the 0.80 price level or even the 0.75 price level.
Trade safely.
Trade safely.
Trade active
Comment:
Market seems to be tanking due to BTC retracing.
Trade closed: stop reached:
Stop profit reached, 40% profit.
