ZIL buy opportunity
Please feel free to comment or challenge me on my TA. If you like my idea, leave a like to show support.
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Following BITBAY:BTCUSD strong move last weekend many alts didn't survive the pressure. For certain quality projects, such as Zilliqa, this means a lovely buy-in opportunity.
- Fell straight through .5 FIB level
- .681 FIB level coincides with daily support @193 sats
- Hidden bullish divergence on the RSI
- RSI entering oversold area
Entry zone: yellow box between 129 & 140 sats
Target points: 167 - 193 - 214
Watch out for Bitcoin's movement. Set your stop losses tightly.
*Not financial advice*
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Following BITBAY:BTCUSD strong move last weekend many alts didn't survive the pressure. For certain quality projects, such as Zilliqa, this means a lovely buy-in opportunity.
- Fell straight through .5 FIB level
- .681 FIB level coincides with daily support @193 sats
- Hidden bullish divergence on the RSI
- RSI entering oversold area
Entry zone: yellow box between 129 & 140 sats
Target points: 167 - 193 - 214
Watch out for Bitcoin's movement. Set your stop losses tightly.
*Not financial advice*
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