#ZIL update:Still in correction. Ideal Re-entry $zilbtc #Zilliqa
Zil still in the correction phase.
We have seen Triple Three correction, till now.
Triple three is a sideways combination of three corrective patterns
ABC Zig-Zag , ABCDE Triangle, & another ABCDE Triangle corrections involved, with the e subwave of triangle retracing till the 50fib level.
Zil has retraced around the 50fib region, now we can expect a move towards 1540-1560 region, where it will face resistance from the cloud, 4H SMA's & 20DMA
Below support levels are at 50DMA: 1376 & 61.8fib: 1185
Ideal Re-entry: 1180-1200
We have seen Triple Three correction, till now.
Triple three is a sideways combination of three corrective patterns
ABC Zig-Zag , ABCDE Triangle, & another ABCDE Triangle corrections involved, with the e subwave of triangle retracing till the 50fib level.
Zil has retraced around the 50fib region, now we can expect a move towards 1540-1560 region, where it will face resistance from the cloud, 4H SMA's & 20DMA
Below support levels are at 50DMA: 1376 & 61.8fib: 1185
Ideal Re-entry: 1180-1200
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.