#ZIL update:Still in correction. Ideal Re-entry $zilbtc #Zilliqa
Zil still in the correction phase.
We have seen Triple Three correction, till now.
Triple three is a sideways combination of three corrective patterns
ABC Zig-Zag , ABCDE Triangle, & another ABCDE Triangle corrections involved, with the e subwave of triangle retracing till the 50fib level.
Zil has retraced around the 50fib region, now we can expect a move towards 1540-1560 region, where it will face resistance from the cloud, 4H SMA's & 20DMA
Below support levels are at 50DMA: 1376 & 61.8fib: 1185
Ideal Re-entry: 1180-1200
We have seen Triple Three correction, till now.
Triple three is a sideways combination of three corrective patterns
ABC Zig-Zag , ABCDE Triangle, & another ABCDE Triangle corrections involved, with the e subwave of triangle retracing till the 50fib level.
Zil has retraced around the 50fib region, now we can expect a move towards 1540-1560 region, where it will face resistance from the cloud, 4H SMA's & 20DMA
Below support levels are at 50DMA: 1376 & 61.8fib: 1185
Ideal Re-entry: 1180-1200