Zil broke finally out of the descending channel it formed on the way down from its previous high at 1 cent Zil bounce off the strong support at the 0,066 range and finally reach a major resistance at the 0,85 But now it finds support at the old descending channel that could be a start of a major bull run toward the upside expect resistance and correction on the...
Zil hits strong support yesterday at 0,66 and recovers on its way up to the +0,07 zone with 15% up it hits strong resistence at 0,077 but shows good sign of recovering from the last drop EMA 10 gets again under the 21 and gives some bullish sign If Zil finds good support at 0,075 expect a nice up trend with the right volume to target 0,08, 0,09 and 0,1...
GRT finds its bottom at 0,28 and rebounces to the upside but fails to get through the yellow trendline but it breaks it later on with much more volume to finally rest above the trend line after hitting resistance at almost 0,35 now GRT finding support from yellow trend line + EMA 10 & 21 Now lets not the graph was trading at 0,8 last month before it suffers huge...
After failing at entering the old ascending channel and forming some kind of symmetrical triangle on the way down SMA 50 fails to support Theta bounces at 2,07 strong support almost as same range as 0,786 fibonacci retracement level If it bounces back will hit multiple resistance on the way up if this support fails then 1,92 will be next support (yesterday swing...
Zil hits strong support (old resistance) twice in the last two hours at 0,066 but failed to reenter to the +0,07 zone Zil suffered a big drop in the last 72h from almost 0,09 Zil still a big project with big potential so its a big buying opportunity at these levels
Theta entrered a consolidation phase and struggling to stay in the ascending channel it been in for almost a week now if it breaks out of it expect more correction to the down side big buying oppurtunities at resistance levels based on fibonacci retracement