". There is a possibility of temporary retracement to the suggested support line (0.092950).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. USDTRY is in a range bound, and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
We are currently forming a descending triangle... however with the current bull market situation I believe a break out is imminent. A break to these recent highs would give us a quick 40% gain, however the fundamentals and low market cap of this coin make me believe we could see much higher. I am waiting for a break and retest into the highlighted area.
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...
ZILUSDT is printing an ascending triangle pattern at the mid region of the major descending channel.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target - major descending channel resistance.
ZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next.
Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely.
We are now testing werry strong yellow support on price 0,18$ to 0,195$. From this support we will get more the answers where we can going.
I think, that we going to 0,22$ and come next correction to yellow support and at the same time confirmation of the red line. When this support and first red line will be confrim, It will be new trend of ZIL for long term. If...