#zilbtc

ZIL seen from the temporality of 1W we can see how the structure of candles is forming a rounded floor close to the weekly support located at 0.00000059, the rounded floor is an upward pattern of reversal

ZIL seen from the temporality of 1D we can see how the price has made a throwback with a correct test of the key support located at 0.0000006513, indicated in the chart above by a dark blue horizontal

The count in #ZILBTC is still valid. The bounce happened and it's now fading away. A minor new low could be enough though. #ZILLIQA #CRYPTO $ZIL Quoted Tweet : Link to the Tweet @Lunar Express 🚀 Like

Like with most alts, I expect a small bounce in #ZILBTC that will fade away. Resulting in new lows against $BTC. I will provide a more detailed count on a smaller timeframe to determine when we can bounce

$ZIL made a nice run (+42%) since my last update. It backed of from that big resistance level around 330 sats and I believe that this decline isn't over yet. Possible support zones are 281 sats and 262

ZIL seen from the temporality of 1M we can see how the current candle has tested the diagonal of 13° marked in red in the chart above, this angle is the closest to the structure of bass candles, this downward

#ZILBTC Same picture as the usd pair. We're hovering around a key resistance line. Bulls need a move towards 305 sats. Taking that one out, will bring us to 341 and maybe 391 sats. fingers crossed 🤞 #CRYPTO

Following the previous idea on Zilliqa, price has reached the downside support, that has been rejected cleanly. The support is based at 815 satoshis, which is confirmed by 78.6% and 227.2% Fibonacci

Zilliqa recently rejected the upper trendline of the descending channel. At the same time price bounced of the 50% Fibonacci retracement level, that is 1430 satoshis. The rejection was clean and ZIL/BTC

Zilliqa has found the bottom at 350 satoshis and went sharply up, breaking above the 8/1 Gann Fan trendline. On a corrective wave down, after the breakout, the price went down to 38.2% Fibonacci retracement