BillCharison

ZIL - Cup With Handle!

BillCharison Aktualisiert   
BINANCE:ZILBTC   Zilliqa / Bitcoin
There we can see a Cup with Handle. One of the most bullish signs you can ever see. Thos one includes strong volumes, end of a correction, strong support below the price and many more things that usually make coins grow very hard, must buy.

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Kommentar:
There we can see a decrease in volumes, as buy as sell ones. Moreover, the H&S pattern was almost formed. These factors tell us about possible fall to the zone of ±250-260 sats.

The overall situation is still very positive, however, #ZIL needs some correction to continue growing healthy. I will advise you to close the bigger part of the position now in BE and rebuy for a lower price, it will be paid off.

Moreover, $BTC has not the best mood, it can go downward at any moment which will affect altcoins (you know how). Because of this, I will advise you to reduce your altcoin positions for a bit.


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