SUMMARY: Bullish ZIL, except new Impulse wave up.
-- Technical --
ZIL has retested the 100 MA and held the previous support. - very bullish
1D Bollinger Bands has wicks below and show signs of a key reversal to the upside.
RSI show continue buying support and it becomes increasing sold and moves towards to 70 value (when 80 actually become bearish ) . Also, the volume increasing over the week.
--Fundamentals --
ZIL is one of the few Altcoins that has not yet had its pump. We expect the new high to be hit in the next 6-8 weeks.
We can refer to the run that AAVEE had earlier in the year, where AAVE had an 20x increase and could be used as an illustration.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
-- Technical --
ZIL has retested the 100 MA and held the previous support. - very bullish
1D Bollinger Bands has wicks below and show signs of a key reversal to the upside.
RSI show continue buying support and it becomes increasing sold and moves towards to 70 value (when 80 actually become bearish ) . Also, the volume increasing over the week.
--Fundamentals --
ZIL is one of the few Altcoins that has not yet had its pump. We expect the new high to be hit in the next 6-8 weeks.
We can refer to the run that AAVEE had earlier in the year, where AAVE had an 20x increase and could be used as an illustration.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
