ENGLISH: ZIL have already retracted to about 50% of its recent bull run, meaning the correction could already be over. This first scenario would be represented by the positive breakthrough of the pennante pattern. But we could also expect it to continue its retracement to ~0.0000044, which is the 62% support. From there, price would go up, reaching a bit lower target than the first possibility. Nonetheless, both are very bullish. I'll keep this idea updated.
PORTUGUÊS: ZIL já retraiu para cerca de 50% da sua última subida, significando que a correção já possa ter acabado. Esse primeiro cenário seria representado pela quebra positiva do padrão de pêndolo. Porém, também poderíamos esperar que a moeda continue sua correção até ~0.0000044, o qual seria o suporte de 62%. A partir de lá, o preço subiria, alcançando alvos um pouco mais baixos do que a primeira possibilidade. De qualquer forma, ambas são muito promissoras. Manterei essa ideia atualizada.
PORTUGUÊS: ZIL já retraiu para cerca de 50% da sua última subida, significando que a correção já possa ter acabado. Esse primeiro cenário seria representado pela quebra positiva do padrão de pêndolo. Porém, também poderíamos esperar que a moeda continue sua correção até ~0.0000044, o qual seria o suporte de 62%. A partir de lá, o preço subiria, alcançando alvos um pouco mais baixos do que a primeira possibilidade. De qualquer forma, ambas são muito promissoras. Manterei essa ideia atualizada.
Trade active:
Entry: 0.00000501.
Comment:
BINANCE:ZILBTC is really taking a beating from BTC's influence. It's now hovering aroung the 50% retracement support. I spent my entire day yesterday on a graduation party and got hit by surprise by this situation.
Comment:
As Bitcoin regain some value, ZIL is going up aswell. I believe this was a last chance to buy this gem cheap. It'll go even higher.
Comment:
As I've said before, ZIL went down only because of Bitcoin. I believe that was a unique opportunity to buy it cheap.
The mark of 0.00000539 is a strong resistance for $ZIL. It has already failed a few times on its attempts of going further. Once it's beaten, it'll have to hold as support and then we'll be 100% bullish.
The mark of 0.00000539 is a strong resistance for $ZIL. It has already failed a few times on its attempts of going further. Once it's beaten, it'll have to hold as support and then we'll be 100% bullish.