Wave (iii) isnt the shortest , price action seems pretty similar to $EOS last year before reaching all time highs
also the tech is far superior than most of the blockchain scams out there,
No one is even talking about this
Don't be that person regretting seeing the pump
grab a heavy bag
adam eve potential, not confirmed until we breach neck line. orange line shows minimum target. but out to bust through that.
Not exact targets just using fib extensions to estimate. You can confirm top of waves by going in 4hr and 1 hr and counting 5 waves up.
Zilliqa / USD Short-term price analysis
Zilliqa has a bullish short-term outlook, with the cryptocurrency enjoying a strong bid tone as the new trading month gets underway.
The four-hour time frame shows a bullish inverted head and shoulders pattern, with buyers now probing the neckline of the bullish pattern.
Technical indicators across the four-hour time frame...
May-June - Long anytime now. Keeping it simple!
Let me know what you think, a lot of lines but they are making sense.
Could we retest our low....It is possible but something like BTC dumping will have to trigger it.
Drop me a comment and keep things positive if you can.
As you can see Zilliqa looks quite good, the only worrying and bearish indicator is low volume, it looks like the buyers are not there to break crucial resistances (green zone).
If Zilliqa manages to break up with the strong volume and market shows some strength in keeping those resistances as a support we can expect some good bullish periods for Zilliqa.
Bullish case:
Possible hidden bullish divergence, if we break the ascending triangle potential target could be 0.03$.
Bearish case:
Another rejection of a triangle resistance with even lower bullish volume and breakdown of an ascending triangle.
Market is in bad condition, could and probably will a huge affect on the price.
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