๐ฅ ZIL At The Verge Of Breaking Out: New Moonshot Signal
ZIL has been trading below the top resistance for around 18 months. The 0.0155 support held strong all this time. A break out on either side was expected after the support and resistance converged.
If we can close the week above 0.018, I'm treating it as a successful break out of the triangle pattern. In my view this could be the definite low of this token with much more upside ahead.
It's a risky long-term bet with a very good R/R ratio of 52, which can be a massive boost for the trading balance if it plays out.
As always, patience is key.
If we can close the week above 0.018, I'm treating it as a successful break out of the triangle pattern. In my view this could be the definite low of this token with much more upside ahead.
It's a risky long-term bet with a very good R/R ratio of 52, which can be a massive boost for the trading balance if it plays out.
As always, patience is key.
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