TradeChartist

Zilliqa vs BTC - Zilliqa's time to shine - 50+% on cards

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
ZILBTC move up is looking good for a easy 50+% on cards for short-mid term hold.

Reasons to hold Zilliqa tightly:

  • Falling wedge narrowing with BTC price drop

  • Some major project developments and announcements in the pipeline

  • ZILBTC found solid support around 100-105 Sat and will aim for 23.6% once the wedge resistance is breached

Entry: Below 110

Targets:

Short Term TP1 - 125 - 127 Sats
Mid Term TP1 - 202 - 228 Sats

Stop Loss - Based on personal risk management strategy - 95 Recommended

Best Wishes

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