Drew this neckline a few days back and it seems to have respected it after two tests, one of which was a quick test today. I would say sit back and relax before FOMOing into this coin. Take your profits if you had any. If BTC breaks $9k, ZIL will dump with big investors taking profits from ALT coins. Same reaction that happened when the stock market went down in...
Not sure why people can't see this coming!!!! It's so obvious!!!!!!!
Our current downtrend from the past few hours seems to be respecting a downward resistance formed from some of the previous peaks earlier in March and February prior to the big dump. Just an observation!
First and foremost. I'm not a skilled and experienced trader by any means and have no professional experience in the field. However, what I'm seeing and piecing together I just feel that I need to share because the bullish sentiments floating around right now seem to be missing the bigger picture. My chart might seem funny and basic because it most certainly is,...