ZILBTC looks like it is trading on an upwards parallel channel.
If this is the case, we can expect ZILBTC to hit around our support zone at green box and bounce back towards the targets. If we hit target 1 & 2 and close above the channel
we are bullish towards the targets 3 and 4.
I would recommend to enter at around the green box.
Entry: 197-200 sat
Target 1: 224 sat
Target 2: 234 sat
Target 3: 272 sat
Target 4: 302 sat
Stop Loss: Personally i would place a stop loss below 190 sat at around 185 sat. You should place your stop losses accordingly depending on how much you can afford to lose.
If this is the case, we can expect ZILBTC to hit around our support zone at green box and bounce back towards the targets. If we hit target 1 & 2 and close above the channel
we are bullish towards the targets 3 and 4.
I would recommend to enter at around the green box.
Entry: 197-200 sat
Target 1: 224 sat
Target 2: 234 sat
Target 3: 272 sat
Target 4: 302 sat
Stop Loss: Personally i would place a stop loss below 190 sat at around 185 sat. You should place your stop losses accordingly depending on how much you can afford to lose.