ZIL testing the bottom or is this a Bear Trap?
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This is not investment advise, just sharing my thoughts and looking for my posts to be a landing place for thoughtful conversation on crypto.
The RSI is hovering around 40, this is a bullish sign.
The MACD and signal line are close to crossing in an upward trajectory. This is a bullish sign.
Volume over the past several candles alternate from red to green indicating the bottom is being tested repeatedly.
The yellow support line has several tests, I believe it is solid.
I am long, how about you? What do you see in ZIL's future?
This is not investment advise, just sharing my thoughts and looking for my posts to be a landing place for thoughtful conversation on crypto.
The RSI is hovering around 40, this is a bullish sign.
The MACD and signal line are close to crossing in an upward trajectory. This is a bullish sign.
Volume over the past several candles alternate from red to green indicating the bottom is being tested repeatedly.
The yellow support line has several tests, I believe it is solid.
I am long, how about you? What do you see in ZIL's future?