Buy ZILBTC as it is rebounding from the 20-day EMA
ZILBTC is in a strong uptrend. It has not broken below the 20-day EMA since April 12 of this year. Currently, the cryptocurrency pulled back to the 20-day EMA where it has found support. It is attempting to resume its uptrend.
We can buy it at 0.000018 and keep a stop loss at 0.000016. The target objective is a retest of the highs at 0.000024. The risk to reward is attractive, hence this trade can be attempted.
We can buy it at 0.000018 and keep a stop loss at 0.000016. The target objective is a retest of the highs at 0.000024. The risk to reward is attractive, hence this trade can be attempted.
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