4 yr old strucutre chart on ZIL. Local timeframe not looking great for longs.
Price sitting on weakening suport and floating mid-range in this downward channel.
It might have a chance at $45 which would present a reasonable short opportunity with a decline bottom target of 0.16 however ZILBTC looks like we might see a dip sooner rather than later.
B, HF
Price sitting on weakening suport and floating mid-range in this downward channel.
It might have a chance at $45 which would present a reasonable short opportunity with a decline bottom target of 0.16 however ZILBTC looks like we might see a dip sooner rather than later.
B, HF
Comment:
Trade closed: target reached:
Comment:
one year on