SHORTING opportunity
In my opinion, ZIl is indeed finding support over at 0.107 / 0.11 but all the candles that are forming are very bearish. A lot of inverted hammers and no volume when it comes to buying power. Not a lot of volume when it comes to selling either but this only tells me that the hype is kinda dead right now and all the bag holders will eventually sell. If it dips below 0.09 then for sure is a short scenario and I will be adding to my position. I endured a margin call with this coin but fortunately, I rebounded. Safe trading everyone
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.