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

14 Nis 2018

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.

16 Nis 2018

Not

Target hit 825 sats ON THE DOT!

16 Nis 2018

Not

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.