Zilliqa possible moves

16 de mar. de 2021

Currently sitting in resistance turned support, in a bit of falling wedge pattern. With BTC playing up at the moment, I think we will drop back onto the trendline and bounce. The wedge pattern, trendline and 61% fib all coincide here, so there might have some significance to support that scenario. The other two options is to move higher from the support zone we are currently in or fall further into the previous zone of resistance around 0.127.