Long
ZIL accumulated and ready to POP!
- ZIL has been in accumulation mode for a couple months and it looks primed for some hefty gains
- EMAs continue to trend lower and currently proving to be resistance
- Upcoming catalyst: Q4 2018 is their Dapp release and Q42018/Q12019 will be the launch of their Mainnet
- We could see price start to jump into those 2 events
- This demand zone is a good spot to start adding to a position or initiated one
- BTC looks weak right now so a better entry is possible if one wants to wait this out
Thanks guys!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.