jchang8830

ZILLIQA ZIL- Decision time soon, short term trade idea

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
5/30/18

TRADE SETUP
- currently testing the upper trend line of the falling wedge pattern
- If rejected, we'll continue retracing back to the 0.618 levels in this falling wedge pattern
- strong support at the 0.618 fib level where we may see a nice bounce
- RSI/Stoch on the 4H looks bearish/neutral
- RSI/Stoch on 1D looks Bullish.neutral

Entry: <1400-1300

Short/Mid-term Targets
- Target 1:1670 (+30%)
- Target 2: 1820 (+40%)
- Target 3: 1920 (+50%)

Stop loss: 1200



Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
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