Breaking ZIL down a little more since my previous post (See linked). Currently looking fairly good for a full break through of the .382 fib and the downtrend channel - the 1hr shows an increase in volume over the past few hours and price has broken above the 20 EMA and on the 4hr price is just bouncing nicely off the 200 EMA. If this happens I anticipate that we will see some resistance at $0.85/$0.9 so I am waiting for confirmation of uptrend on a succesfull solid daily close above the this level. Let's wait and see what happens over the course of the day.
As always DYOR, I am not a financial advisor and none of this is financial advice. Just a normal guy documenting his way through the Cryptosphere
As always DYOR, I am not a financial advisor and none of this is financial advice. Just a normal guy documenting his way through the Cryptosphere
Note
*****TYPO ALERT****"If this happens I anticipate that we will see some resistance at $.85/$.90" prices mistyped.
The prices should read $0.085 and $0.09 respectively.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.