ZILUSD hunting ATH
Simple analysis because that's the way we like it.
Bullish signals:
1 - Double bottom formed 0.13
2 - Bullish pennant forming on 4h
3 - Above 50,100 & 200 MA/SMMA also Golden cross potential showing as MAs cross upside
4 - Climbing up the Fibonacci lines drawn from larger swing low-swing high, found comfort above 20 which is good minor fib support
5 - Fibonacci retrace on this mini bull run found comfort at 0.382 which is lovely retrace zone for support and growth
6 - potential extension at previous high
Bullish signals:
1 - Double bottom formed 0.13
2 - Bullish pennant forming on 4h
3 - Above 50,100 & 200 MA/SMMA also Golden cross potential showing as MAs cross upside
4 - Climbing up the Fibonacci lines drawn from larger swing low-swing high, found comfort above 20 which is good minor fib support
5 - Fibonacci retrace on this mini bull run found comfort at 0.382 which is lovely retrace zone for support and growth
6 - potential extension at previous high
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