Long

Potential 4x Long Term: Great set up at a high demand region

245
Post #2

We can see an opportunity to go LONG at the Demand Region illustrated on green ( I called it buying zone). #Zilliqa has shown great results past bull rallies. Currently the price is below a very strong support and as of today, it appears that Zilliqa can get to the Buying zone and beyond.

In the Take Profit zone illustrated in yellow you can either close your position or take some profits and let it continue to climb.
  • Upward green arrow showing the potential, should Zilliqa get to and above buying zone.
  • Downward red arrow showing the potential, should Zilliqa bounce back from buying zone.


MY OPINION:
Keep an eye on this crypto. Remember that this is for long term investment, however, trades at a strong support can be very profitable.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.