ZILLIQA/USD

3 déc. 2020

This is another trade that I'm watching but not yet entering. It's currently in a parabolic move on a shorter timescale and I'm looking for a breakdown of that, to retest $0.027 support and hopefully also a larger parabolic support line which could send this one shooting up to $0.06 within a month or two. There's more potential upside so if it's successful to that initial target I'd probably sell half and let the rest ride for another wave to around $0.085 or more. If we really get a parabolic advance it's possible for wave 3 itself to shoot straight to $0.085 or beyond, so lots of upside potential here.

4 janv. 2021

Note

WAVE 3 blasted beyond expectation, past the 2.618 extension of wave 1. We need more retrace but this now looks very bullish with an enhanced target of around 0.132 as a 1:1 extension of wave 3, assuming wave 4 retraces to golden pocket.

I think we need a wide buy zone from 0.5 to 0.786 retrace, but weighted heavily in the golden pocket.