Technical analysis:
. ZILLIQA/ETHEREUM is in a range bound and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00015200 to 0.00013880). if so, traders can set orders based on ...
Technical analysis:
. ZILLIQA/ETHEREUM is in an uptrend and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There ...
Zil needs to cool off! If we assume at least a 1:1 extension of the A wave for the C wave, estimating 1.0 - 1.618 in terms of the fibonacci timeframe - here would be the entry point. This coincides with the .618 retrace of the 5 waves up. This assumes the coin is bullish and will move up for a wave 3.
