thedailychartist

ZILUSDT breaking out of consolidation. Waiting for daily close.

Long
BINANCE:ZILUSDT   Zilliqa / TetherUS
A nice textbook setup forming for this coin. Needs to be confirmed but looking good so far.

Market has been all sideways lately so watch out for more of that (e.g. false break). Assuming this breakout is strong, one may expect the current candle to close near its high and a nice follow through candle tomorrow. A re-test of the trend line support is also a valid price action in a bullish breakout scenario.

Not trading advice.
Trade active:
Comment:
Stalled by 0.80 for a bit but now trading above it. Waiting for confirmation but looking good as alts go higher this week.

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