💎 ZIL has undeniably captured significant attention in the market. It perfectly bounced from the demand area with a bullish candle rejection followed by a strong green candle. If BTC is supported with a consolidation movement over the weekend, ZIL is poised for significant upward movement, approaching the resistance level area and potentially breaking out. A successful breakout from the resistance level area, probability could lead to an easy movement for ZIL to reach our target area.
💎 However, if ZIL encounters resistance and consolidates in that area, there's a possibility of a retracement, with ZIL retracing back to test the demand area to build new momentum.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, ZIL fails to maintain its position and undergoes a breakdown. In such a case, ZIL may shift to a bearish trend, potentially retracing to the demand area or even the strong demand area.
💎 However, if ZIL encounters resistance and consolidates in that area, there's a possibility of a retracement, with ZIL retracing back to test the demand area to build new momentum.
💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, ZIL fails to maintain its position and undergoes a breakdown. In such a case, ZIL may shift to a bearish trend, potentially retracing to the demand area or even the strong demand area.
Trade geschlossen: Ziel wurde erreicht
Just as predicted, #ZIL's up a smooth 43.21%!
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.