We are now testing werry strong yellow support on price 0,18$ to 0,195$. From this support we will get more the answers where we can going.
I think, that we going to 0,22$ and come next correction to yellow support and at the same time confirmation of the red line. When this support and first red line will be confrim, It will be new trend of ZIL for long term. If...
Now we can see testing a support about price 0,022$. When this support will be dismissed, then wil going to next low support on price 0,021$ or 0,02$. When support on price 0,022$ will be passed, we can see attack on price 0,027$ or 0,03$.
Middle channel is possible long trend. This is Fib resistance chart.
Cup & Handle formation appearing on the daily time frame.
This will hopefully play out over the next few weeks.
Options for the pullback below.
The 0.5 retracement is 0.01719 area.
The 0.618 retracement is 0.01524 area.
Take profit 1 - 0.03043
Take profit 2 - 0.03167