ZILUSD nice continuation pattern forming- move in the next day
ZIL setting up a perfect continuation pattern- bullish bias
Great confluences on the many ALTS seeing nice gains, trend line, previous resistance and 0.5 fib.
Entry conditions: Break of ST downtrend to 0.028-0.0212 & retest.
Opposing view: ST downtrend could win out here and we could see a break of the trend and support at 0.018 range, signalling further pullback to the 0.618 fib or lower, which is why we will wait till break and enter balls deep then.
Great confluences on the many ALTS seeing nice gains, trend line, previous resistance and 0.5 fib.
Entry conditions: Break of ST downtrend to 0.028-0.0212 & retest.
Opposing view: ST downtrend could win out here and we could see a break of the trend and support at 0.018 range, signalling further pullback to the 0.618 fib or lower, which is why we will wait till break and enter balls deep then.
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