Anica
@t_Anica
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Anica
With stability in the current area, price could return for one last time to areas near $2.15 before bullish continuation.
Anica
Before we see a breakout, price action seems to be moving toward a bit more retracement. Let's see how it plays out.We've reached the first target area! Onward and upwards!
Anica
Here are a few areas to watch for if you're still trading ZIL.The first entry level has been hit. Feel free to protect gains as the candle did not close in a manner that woudl indicate confirmation of continued bullish movement, yet.Just over 6% gain so far; watch for indications of further retracement is support level and H4 level are not breached.Rejection area reaction occurred. We'll continue to watch for bullish continuation or the deeper retracement.30% gain from our entry so far. Feel free to protect your gains as we continue to watch price action for a potentially deeper retracement.Retracement entries triggered. Protect gains.Continuing to monitor price action potential. We gained over 14% from our entry levels; hopefully profits were secured.
Anica
Price has made it to an area where I'm looking for a retracement. Stay tuned!Price is now at our entry for a potential bearish retracement.Surprising BTC price action that shows a wick above the limit with the pending candle close within the limit. Looking to see how that candle closes as we continue to range in this area.Price broke above the previous high to indicate bullish intent. I will continue to watch price action as the potential retracement point has been invalidated.
Anica
We are experiencing a retracement. This is how it could potentially work out.
Anica
This is the long term outlook for a max efficiency play. Currently, watching for price to expand to complete the 5th Elliott wave before forming a harmonic during the retracement to create price data for a more refined analysis. Upside price goals are at $6 and $8.Price expanded to complete a bearish Shark pattern. Below is an update with a more refined analysis now that we have more data/candles. Targets remain the same but we always monitor price action to stay up to date on potential market shifts because the market is always right!Price tapped in at $2 to line up with one of the trade entries and then progressed to the upside target at $8.
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