ZIL - Long Term Pattern Showing Again - Keep An Eye on This!
Zilliqa is one of my favourite charts to trade as it runs a very simple pattern generally of pumps and consolidations.
Indeed, we've got some history:
And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks.
Volume is declined, RSI is bottomed but relatively still in a strong spot. We're below all EMA's but a correction back up will lead us right into a breakout.
Fundamentally ZIL is big for tokenization and with the NFT sector coming back strong from it's crash this is a chart to keep eyes on over the coming weeks.
Indeed, we've got some history:
And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks.
Volume is declined, RSI is bottomed but relatively still in a strong spot. We're below all EMA's but a correction back up will lead us right into a breakout.
Fundamentally ZIL is big for tokenization and with the NFT sector coming back strong from it's crash this is a chart to keep eyes on over the coming weeks.
Come hang out with me on telegram, it's free and I won't be too mean too mean to you:
t.me/KadnimCrypto
t.me/KadnimCrypto
Related Ideas
