Post
Topic
Board Speculation (Altcoins)
Re: Where will ZIL coin go?
by
GreatArkansas
on 03/04/2022, 02:06:46 UTC
https://i.ibb.co/94db0SG/Ekran-Al-nt-s-ZIL.png

It looks like ZIL coin will see some serious pumping. Yesterday evening, GMT and LOKA coins increased by 130%. When I look at the chart that I followed for 3 minutes today and before, 1 dollar would not be a surprise. What are your expectations about this subject?
I really don't trust using lower time frames when you are analyzing a chart especially for "how it will go", and "where it will go" questions.
Using a higher time frame here is much better since you are looking not short term and at the same time you can see what is the past price actions of the coin.




This is my take on ZIL now, I saw that there is a huge breakout last month on this pair and I believe it was a reversal, you can see how  ZIL broke multiple resistance/support in the past, which is very bullish to me.
For me, if you take look at my chart, on the blue rectangle, this will be the support for sure and if ever I will open a trade here, I will wait for that zone before buying.