Price is currently at an entry zone to buy the dip for the ZIL Cryptocurrency. There is also bullish divergence occuring at the entry zone to support a bullish reaction.
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First Target Area Reached
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After reaching the first target, Zil consolidated for a while before moving down with Bitcoin this weekend. This is a dip buying opportunity for Zil Hodlers.
so... once it reaches the "bearish shark harmonic" zone on your chart then we will see bearish sell off? my apologies as I'm trying to understand your charting language❤
Anica
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@kenneths, Thank you for taking the time! Yes, I would expect a 50 - 61.8% retracement of that extension while keeping in mind that the retracement could be a little as 38.2% if we have strong upside momentum.