This is my trade righ now. Entry at $2.801..looking to go $2.7 ...retest at $2.87..and so on..dropping to the 0.618 Fibb. This is a bearish scenario...but even if it is a bull market happening we will still see the lows of $2.3
Again this is my take on this coin...I am short on it. Please be kind with comments.
We all need to start somewhere.
Thank you Trading...
As I see it..It tested multiple areas of support and broke beneath them. If we break the $2.20 ..retest to $2.28 than for sure we will see £2.19 and maybe $2.01..if we fail beneath..the next one $1.86
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...
