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...
Zilliqa it was dip Two weeks. and doesn't able to break 470 satochi equal 0.618 fibo. candle of day is green doji above Resistance. So next week we gonna see correction
until 511 satochi if break it up with high volume the next target is 540 S.
Good luck and don't forget to support us.