Hello, Traders!
ZIL is wrapping up its current business cycle.
Selecting assets for long-term purchases, one should keep in mind that not every asset has gone through a downtrend and several business cycles.
Therefore, you should be interested in those assets that have been tested by the market. Such an asset is ZIL.
It is best to form your position in three parts:
- The first in the consolidation range;
- The second one below the range, in case of price failure.
- The third on the rise, after the exit of the downtrend
The priority area for the formation of a long-term position is $0.0440 - $0.0658. It's better to place an additional order between $0.0260 and $0.0360.
The placement of a stop-loss depends on your risk management and the value of the position.
The following price levels will be the targets
$0,1010
$0,1260
$0,1592
$0,1746
$0,1882
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ZIL is wrapping up its current business cycle.
Selecting assets for long-term purchases, one should keep in mind that not every asset has gone through a downtrend and several business cycles.
Therefore, you should be interested in those assets that have been tested by the market. Such an asset is ZIL.
It is best to form your position in three parts:
- The first in the consolidation range;
- The second one below the range, in case of price failure.
- The third on the rise, after the exit of the downtrend
The priority area for the formation of a long-term position is $0.0440 - $0.0658. It's better to place an additional order between $0.0260 and $0.0360.
The placement of a stop-loss depends on your risk management and the value of the position.
The following price levels will be the targets
$0,1010
$0,1260
$0,1592
$0,1746
$0,1882
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice