Hi dear friends, hope you are well and welcome to the new trade setup of Zilliqa (ZIL).

Formation of huge descending triangle:
On the weekly time frame, priceline of Zilliqa has found a very strong long-term support at $0.0526. There is also a down trend line resistance above the price action and these support and resistance levels has formed a huge descending triangle .

Huge harmonic move:

On the same weekly time frame the prcie action of Zil has also formed a harmonic bullish reversal Gartley pattern .

Buy and sell targets for harmonic Gartley:

Buy between: $0.0690 to $0.0507

Sell between: $0.0948 to $0.1221

Stop loss:
Below $0.0507

Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 140.5%, and the loss possibility is 27%. But right now the priceline is at the very end of buying zone, therefore it can be a high reward and low-risk trade plan.

Don't forget to upvote/tip and share the post, thanks

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.