ZIL/USDT - Momentum Shifts to the upside. ZIL has broken out of the decending triangle and is moving its way back upwards to the local resistance levels mapped out on the chart above. These resistance levels should be flipped to support as ZIL resumes trending up. Next target levels I am watching are listed below:
Local resistance levels I am watching:
0.13750
0.14872
0.15821
0.16684
0.17893
0.18324
0.19316
0.19748
0.20136
0.21172
We need to establish a weekly close above $0.13. The higher the weekly close above $0.13, the better.
Once flipping the last local resistance level and holding 0.22 cents with a close above 0.22, should give us the green light for a new ATH, and for Zilliqa to then enter price discovery where I expect we will reach the $0.30 level.
This is NFA, DYOR and Good luck to All!
