ZIL.USDT (Y20.P3.E2).Stalking

Hi

(for my ref: D.charts)

Zilliqa has done well so far this year as its propelled ahead as a Defi Leader as the chart suggests.
Looking at the Macro level we see a strong uptrend and a pullback which looks like a nice shape, organised.
If you ignore the black swan effect, one can assume this could have been a nice rounded bottom.

Area of interest is this section and the daily candle suggests, when its completed like a lot of alts, that a nice bounce is due while BTC consolidates.

Here are some charts to give this perspective of another good opportunity based on past performance.

PS> I drafted this about 3 hrs ago and just got to publish it now.

Note the 1037% since this years bottom and just now a 47% pullback.
The Stochastic suggesting a potential squeeze happening > to the upside.

More importantly, BTC pairing has a longer history and you can observe against bitcoin, the formation and confluence for a reversal formation

Cheers,
S.Sari

Note: Lucid SAR bullish

Note: Fib level boost (x2) + EMA of 10\20 on the daily level with an uptrend.

Macro level overview with a potential handle in the making

3 day view, upward pressure with near resistance.

تعليق:

prior to this post, my thoughts

تعليق:

getting there