Zilliqa April 15 TA: Bullish Scenario 1 (Target: 825 - 888 sats) Giá lên

Zilliqa / BitcoinBinance

Mô tả

⋅ 14 Th04 2018 20:48

Zilliqa hit a perfect 1:1 extension for Wave 3 and we target 1.618 fib ext for Wave 5

Subwave 3 of Wave 5 hit a 2.618 fib ext so we target 3.618 for subwave 5.

Both waves agree on a similar range of 825 to 888 sats for the final wave up.

p/s: Wave 4 did slightly intrude into Wave 1 territory in the 4 hour charts but the daily chart is still fine.

Supporting technical indicators:
Stochastic RSI on the 4 hour chart is oversold - We may see a run up soon.

Bình luận

⋅ 16 Th04 2018 09:50

Target hit 825 sats ON THE DOT!

Bình luận

⋅ 16 Th04 2018 20:06

Target of 825 sats HIT !!!

But there could be another subwave up. Here is the scenario:

Target 1: 890 sats region (based on fib ext of wave 1 & 2 in yellow)
Target 2: To be determined

Support roughly between 759 and 774 sats. Buy zone.

Chart Patterns Wave Analysis

Bình luận

TheCryptoLorax

⋅ 14 Th04 2018 23:24

I love the analysis. Only suggestion I have is to make your V wave a little less steep. Because I have a feeling that the price is going to drop to around 630 sats IF it breaks the current support line its dancing on right now. Looking at the RSI you'll see bearish divergence which is hinting that it might break the support. But if you flatten out the V wave just a little bit then I think you will be setting your self up to handle the price action variation.

Thêm nữa