ZIl has performed very good latley and its because 1, it was a hidden gem, 2, it got listed on 3 major exchanges this last days and 3, its getting alot of attention because it's a awesome project that i believe strong in.
Tho I think we will see a correction on this one, but i might be wrong.
I just started doing fib and elliot w so please any kind of feedback and criticism i would appreciate it alot!
Have a nice day, and dont forget BTC is not performing well, not breaking 9.4-9.5k levels will send us back down abit thats why i think this chart may play out.
I agree with your TA, my targets give it between 1100-1700 for retracement ending in wave C.
Robbanbiff
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@CryptoGraffer, Would love that, just sitting in USD now waiting for btc correct, went in at 8790 50% with tight SL buti saw ZIL around 17-1800 sats like 1 hour ago and then a bounce up to 1900 levels..
I think BTC will fall more and so will ZIL so your targets match mindes to pretty well! NIce TA mate
@TheCryptoLorax, Thanks alot! I will read that, look nice! have a nice day!
bluewater72
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C would be nice for rebuy. :D but i guess nobody wants to sell..
Robbanbiff
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@bluewater72, I think alot of people will sell when BTC will fall within any hour or day..
BTC is going to retrace is a fact.. The way we got up from 6.6k to 10k wasnt healthy..
And all week our support zones since 10k becomes our resistance.. Look just now how BTC is struggling to break 9.4k..
DDT71
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@Robbanbiff, Just following you. Have you checked AlanMasters thoughts on BTC now? His 10 Reasons Why Bitcoin Will Continue Its Climb Up! Like ur thoughts.
I do believe we will climb but we will do a correction towards 7x or 8x levels. 86xx-88xx is more likley imo. And it would be healthy to gain strong support and fuel up for a real bullrun and have new confirmation because we went 6.6 to 10k fast, and then we falled like 300 dollar a day recently.. They volume is to high, i think we will go around 9.5 9.6 levels and get rejected and complete head n shoulder pattern and retrace around 8xxx but its just my thoughts not any advice. Thanks for follow mate, cheers! will upload alot more since im going to educate me more in TA, not just cryptos