ZIL/USDT- You saw it here first!An update to the chart that was released on the 30Th of December showing how Zilliqa had entered its next stage in accumulation. Thirty days and what seems like a rollercoaster after, turns out that the chart is just playing out the way its supposed to. Lot of new hands bought at the previous local top and have now been forced out of their position. Black swan to invalidate ongoing bull market? only time will tell!
Zilliqanetwork
$ZIL Was A Favorite Coin During April - May. What Happen Now?The growth of ZIL is quite fast. Until today, based on coinmarketcap, ZIL has 54 markets on several exchanges. Those including the ones that in top 10 exchanges like Binance, Upbit and Huobi.
Then I think there will be nothing special with any coins/token towards cycles. As the saying goes "What goes up, must come down". So my responses:
1. If you missed Zilliqa back then no need to worry. Right now it is back to the buy zone.
2. The RSI level still showing a pressure on this one, by my SAR indicator says we can buy. My opinion then? Accumulate, buy 2-3 times around the zone. Don't go all in at once. We're just need to wait the bigger picture either.
3. At this time it's no longer "knife catching" session, it's already an accumulation session as the price action has touched it lowest price and then bounce back.
4. Well, you can use Renko on your own chart with 1D time frame to have "trend trader" view.