Chibuike_Odoh

ZILUSDT - 5th Elliott impulsive wave

Long
BINANCE:ZILUSDT   Zilliqa / TetherUS
ZILUSDT brokeout above the bullish flag (2nd wave) as expected from my previous analysis to complete the 3rd impulsive wave.
Price retraced to the 0.5 fibonacci retracement level.
Price action is printing a bullish flag pattern ( 4th wave).
We could be on the verge of the 5th wave.
Buy entry ⬆️ - breakout above the bullish flag resistance.
Targets 🎯 - previous swing high ( ATH ), fibonacci extension levels.
Setup invalidation ❌ - breakdown below the previous swing low.

Comments

good analysis
+2 Reply
Chibuike_Odoh importantCode12562
Reply
this is great analysis
+2 Reply
Chibuike_Odoh Shegslove
@Shegslove thanks man👍
Reply
Great stuff
Reply
Chibuike_Odoh AlkalineFX
@AlkalineFX, thanks mate
Reply
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