Zilliqa (ZIL) Formed Bullish Shark Upto 61% Move Expected



 Hey friends, hope you are well and welcome to the new update on the Zilliqa coin.

On a daily chart, the price action of ZIL has completed the final leg of bullish harmonic Shark pattern and entered a potential reversal zone.



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Buying And Sell Targets:


The buying and sell targets according to the Fibonacci sequence of harmonic Shark pattern should be:


 


Potential reversal or buying zone: 0.00000132 to 0.00000115 btc


Fibonacci projection or sell zone: 0.00000149 to 0.00000186 btc


 


Stop Loss:


The potential reversal zone area that is up to 0.00000115 can be used as stop loss in case of complete candlestick closes below this level.


 


Possible profit and loss ratio:


As per above targets, this trade has a profit possibility of 61% and as per the above-mentioned stop loss, the loss possibility is 13%.


 


Note: The idea above is for educational purpose only, do not take it as investment advice.






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