SPY_Trader

ZIL - Oversold

Long
BINANCE:ZILUSD   Zilliqa
Been looking for a good entry on ZIL for a few months now, but have been reluctant to add another crypto to my collection. The way ZIL has held up in this BTC downturn has inspired me to get in now, before I miss out on a good opportunity.

A bit early entry on this, as you can see that ZIL is still resting on the lower Bollinger Band, and is in the sell zone, below the 20 DMA.

But I'm more focused on the Stochastic, as it shows that ZIL has been oversold, and is coming out of it.


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