MyCryptoParadise_Nathan

๐Ÿš€ZIL is showing a bullish idea with a W pattern

BINANCE:ZILUSDT   Zilliqa / TetherUS
๐Ÿ’Ž Paradiser, #ZIL is currently displaying a bullish market structure, characterized by the formation of a W pattern and the presence of Change of Character (CHoCH) and Break Of Structure (BOS).

๐Ÿ’ŽFurthermore, #ZILUSDT has successfully broken above the 200 EMA, indicating potential bullish momentum. However, it's crucial to await confirmation before making any trading decisions.

๐Ÿ’ŽIf the price manages to break above the resistant level, it may signal further upward movement, targeting the next resistance levels.

๐Ÿ’ŽIn the event of a pullback, we could anticipate a bounce from our key level. However, it's advisable to set smaller targets in such scenarios.

๐Ÿ’ŽNevertheless, If the price break down below all key levels, it may be considered bearish. However, it's recommended to wait for clearer market signals before taking any action.

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