Zil is on the run after breaking the descending channel!
Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully
Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85
But now it finds support at the old descending channel that could be a start of a major bull run toward the upside
expect resistance and correction on the way up at different levels especially the 0,09 and 0,1 barrier, if that one broken then we can see a 0,15 Zil easily
Trade carefully
Related publications
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.