Currently above EMA200(purple),
Volume looks ready for a breakout.
Above Ichi cloud,currently on an ascending channel & 30% up from the buy signal of the Ultimate Crypto Trading Strategy script.
Set alerts at 567-500sats & wait! $ZIL #Zilliqa
Exchange : Binance
Buy Zone: 0.00000069~0.00000066
Target Point: 0.00000072/ 0.00000077/ 0.00000081/ 0.00000085/ 0.00000091
As The Volume has down a lot, Symmetrical Triangle is likely to be completed soon
Not only The Chart is similar to RSI, but also Hidden Bullish Divergence
It`s time to...
I am not a big fan of waiting for a correction (weakness) when entering a trade by applying a trend-following strategy. I wanna buy strength and sell weakness. Nevertheless, given the overall alt/btc market, it makes sense to wait for a retracement and take this 1 to 5 risk-reward ratio trade.
The reason why I wouldn't enter a position after the initial breakout...
It is said that investors don't have enough time to study about
every Cryptographic Co. Out there on the Market.
There are too many of those, you might find over 2.000 "projects".
Due to the fact that Zilliqa is one of those "projects" which claims to be
100% complete, tested and operative, together with its comparatively
low Token emission and...
Trend line is broken and triangle pattern created and macd shows divergence.
Volume flowing into this asset (disregarding what BTC is doing atm)
Flipped ~65sats level into support and quicly rised from there..
RSI entering overbought (bullish)
If you took this signal on the 12H, you should aim for a 1st target at ~83 sats (20%+)
Zilliqa is one of those coins which didn't move much after btc dominance start to fall, I can say we are in accumulation era right now, buyers and holders little by little increasing so an explosion coming for the tiny tigress.
oscillators showing positive divergence in both weekly and daily time frame, waves counting also confirms end of wave 5 already.
This is what I love about this graphics, we can see
how far below its lowest initial price this crypto has fallen.
Now, just for fun and to have something to think about
I place those green flags only to imagine as something possible to
turn around this massive mountain into a real 40 X + recovery.
The coin has just broken through the strong resistance (mirror level) and took hold above the one. The continuation of the up-trend is in the priority. I've also mentioned targets on the chart. But be careful with $Altcoins now, tomorrow Binance will stop its work with US users and no one knows how will it end.
How to increase the amount of bitcoin?
buy zone 0.00000087-0.00000100
1st targets 0.00000130 ( 25 % )
2nd targets 0.00000157 ( 50 % )
3rd targets 0.00000196 ( 88% )
Divide a deposit into this deal into three parts
Place orders on three levels
1 level 0.00000100 (20 % depo )