ZIL/USDT (Zilliqa) - Bullish Double-Bottom Support, Momentum 4HR
ZIL/usdt (Zilliqa) crypto price has double bottomed above 0.1220 in the 4-hour chart.
Bullish momentum has also formed on the MACD indicator (4hr).
Entry (long): $0.1324
Take Profit +18% (exit: $0.1564
Stop Loss -9% (exit): $0.1204
Note: Zilliqa price may pullback down intraday (shorter-term time frames) before this 4-hour setup rallies up.
Support needs to hold above 0.1200 or this chart setup could be stopped out.
Resistance needs to break and hold above 0.1350 to validate the pattern and potential rally.
All content is Not financial advice. Trade at your own risk.
Bullish momentum has also formed on the MACD indicator (4hr).
Entry (long): $0.1324
Take Profit +18% (exit: $0.1564
Stop Loss -9% (exit): $0.1204
Note: Zilliqa price may pullback down intraday (shorter-term time frames) before this 4-hour setup rallies up.
Support needs to hold above 0.1200 or this chart setup could be stopped out.
Resistance needs to break and hold above 0.1350 to validate the pattern and potential rally.
All content is Not financial advice. Trade at your own risk.
Comment:
ZIL/usdt: Potential bullish inverse head-and-shoulders if 0.1220 support holds.
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