MyCryptoParadise_Nathan

ZIL/USDT Movement in the Bullish Flag. Success Break or Fail ??

BINANCE:ZILUSDT   Zilliqa / TetherUS
๐Ÿ’Ž ZIL has become a prominent player in the market, currently situated in a demand zone that previously acted as a supply area. Additionally, ZIL is exhibiting a Bullish flag formation pattern, typically indicative of a bullish continuation. Should ZIL successfully break out of this pattern, there's a strong likelihood of an easier path towards our targeted strong resistance area.

๐Ÿ’Ž However, if ZIL struggles to maintain its stance within the demand area and experiences a breakdown, it could signal a concerning shift. Such a scenario would indicate a failure of the Bullish flag formation, potentially leading ZIL into a downward trend towards the support zone.

๐Ÿ’Ž It's crucial for Paradisers to keep a watchful eye on ZIL's performance in this critical formation. A breakout could spell significant upward potential, while a breakdown may necessitate a reevaluation of strategies in anticipation of a bearish movement.
Trade closed: target reached:
Just like clockwork, #ZIL is tracing our forecast, hitting that sweet 38.47% growth mark.


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