$ZIL The currency is in a late bearish phase, but the reversal signals are not yet clear 📉
Current Market Situation〽️
The market is in a late bearish phase, but the bullish reversal signals are not yet clear.
Price action shows stability within key ranges
Support areas: between 0.019601 and 0.020152.
Resistance areas: between 0.025027 and 0.037624.
Technical Analysis👌
🔹 1. Double Top Pattern:
In mid-December, the Double Top pattern formed, a pattern that usually indicates the continuation of the downtrend.
🔹 2. Moving Averages: The system is moving in a downward direction 7-day moving average: at 0.02252 30-day moving average: at 0.02305 This arrangement reflects selling pressure on the currency
🔹 3. MACD indicator: The indicator has turned from negative to positive, but the momentum is not enough to support a clear reversal
Future outlook👈 ✳️ Current indicators reflect selling pressure and weak upward momentum. ✳️ Investors are advised to remain on the lookout until the picture becomes clear. Do you see a reversal in the market movement soon? Share your expectations with us! 📊
He is really a good guy, I bought pepe coins. Am I right or not? Because I don’t understand. Each one says his work is different from the other. What do you think? We want to reach 100 followers, my sisters. Follow me so you can understand me. $BTC #XmasCryptoMiracles
Peace be upon you. I am a beginner and I do not know where to start. What do you advise me to do and where to fund my money? In simple terms, as a beginner, how much money do you advise me to spend?