ZIL - Sell the news (most likely)

2019年1月24日

Hey Everyone,

Zilliqa is a fantastic project that I have very high hopes for in the future.

It has had a really nice run so far!

Personally I think that it is going to dump soon since the main net is close. Sell the news as they say.

Technicals are playing along with this as well.

As you can see, the RSI has a bearish divergence on the daily chart. The RSI also shows an inverse head and shoulder formation in the making, which plays along with actual price action, we just need to come down and complete the last shoulder.

MACD looks like it wants to make a bearish cross for us, too, on the daily chart.

Once we dump on the news and form the right shoulder (but the price action's left shoulder), fibs are telling me that we could make a run to around 1000 sats or so.

I am placing orders around the 460 sat area personally.

Thanks everyone!

2019年1月27日

交易進行

Getting close to the top of the wedge, I'd be careful!

2019年1月28日

交易進行

Alright, so with the current set-up in price, my buy zone is going to be from around 510 sats down to 489 sats approximately. The sweet spot for me where most of my orders are going is at 466 sats.

2019年1月28日

註釋

OK - correction, 510 sats all the way down to 439 sats. 466 sats is where I am placing my largest order. Sorry about that. That's what I am doing personally.

2019年1月28日

交易進行

alright, currently going as planned, and trying to break trend/break down from the rising wedge. The buy zone that I am using is shown again.

2019年1月28日

交易進行

Bounced from the trend line for now - may go up and re-test resistance.

2019年2月1日

交易進行

headed right toward the buy zone.

2019年2月7日

交易進行

I've been nibbling at it personally within this zone. So far so good.

2019年2月17日

交易進行

My order did go off @ 466 sats, and this coin may go a bit lower before making a move up. Really nice setup now! Hope everyone had success with this so far!