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ZIL - Long Term Pattern Showing Again - Keep An Eye on This!

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Zilliqa is one of my favourite charts to trade as it runs a very simple pattern generally of pumps and consolidations.

Indeed, we've got some history:

ZIL - Look out Tokyo, Here Comes GodZilliqa


ZIL - The Beast Is On The Loose; But Even The Mighty Must Rest!


And now it looks like we've got a massive cup and handle on the weekly chart. This could be a MASSIVE move when this pattern breaks.

Volume is declined, RSI is bottomed but relatively still in a strong spot. We're below all EMA's but a correction back up will lead us right into a breakout.

Fundamentally ZIL is big for tokenization and with the NFT sector coming back strong from it's crash this is a chart to keep eyes on over the coming weeks.

כתב ויתור

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