Technical analysis: . ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000458) Ending of entry zone (0.00000412)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00000500 TP2= @ 0.00000576 TP3= @ 0.00000680 TP4= @ 0.00000684 TP5= @ 0.00000684 TP6= @ 0.00000832 TP7= @ 0.00000960 TP8= @ 0.00001130 TP9= @ 0.00001370 TP10= @ 0.00001610 TP11= @ 0.00001955 TP12= @ 0.00002393 TP13= Free
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