Given the recent run and top, and all things considered, ZIL appears to be holding the fibs pretty well overall, I projected the timeframe a bit and drew the fractal I think it will make accordingly.
After what seems like an eternity being held under the linear resistance, we have not only broken past, but we have done so in a way which mirrors my ZIL analysis. With the Fib Resistance lines applies and clearly adhering to it, I can comfortably say it is entering bullish trend for a rally.
Entrance average in low 70s Looking very optimistic Should break out into a trend similar to ZRX
Pays dividends, instant loans, SEC approved and operational, what more could you look for in a startup?
Block reward has halved so many times it it not even funny. 0.93DCR per Ticket...... Think about that for a minute. Also, look at that wedge my god.....
I painted what a stable recovery would have looked like using historical ghost bars, this was simply too sharp and all indicators now suggest overbought and a return to moving average is needed, however I am going to show how the market seems to be anticipating this move visible through VIX in my next chart.
Things look pretty good, I set those ghost bars at the bottom of that dumperino, and I got a great feeling with the halvening so close, it should hold out. BTC shows Corona who is boss. Although PxI indicator turned red, i dont see it breaking the floor out by any means.
Time to carry out the legacy of Satoshi's will. www.thetimes03jan2009.com Chancellor on Brink of Second Bailout for Banks""
Eeesh.. would be very cautious Did chart for a friend Would exit towards the top of the resistance channel
Removed some lines and shifted the bottom support line to accommodate the time