ZIL looking bullish after more than 50% retracement.

20 Apr 2022

To break and hold above 0.12 resistance for this to be valid. I expect strong volume coming in for this bullish scenario to play out. Otherwise an invalidation and more downside. I am leaning towards the bullish scenario.

20 Apr 2022

Catatan

Volume picking up for ZIL. A breakout for RSI seems imminent. BTC looking strong to leap towards 42k-43k.

Metaverse coins like Sandbox are having great momentum right now. Liquidity will rotate across the altcoin market and traders will look for high volume and momentum-based coins to trade, ZIL is trading at almost 1 Billion USD 24HR.

I am again leaning more towards the bullish scenario.
Enter: 0.12-0.125
TP1: 0.14
TP2: 0.16