ZILUSD Perfect buy level for a complete recovery

Zilliqa / US Dollar (calculated by TradingView) BINANCE:ZILUSD

TradingShot

Ziliqa (ZILUSD) is rebounding after almost hitting the former Lower Highs trend-line, which happens to be just below the 1D MA200 (orange trend-line). The pattern is quite similar to the late February – mid March 2020 COVID market crash. Even in RSI terms, the sequences are fairly identical. As long as the former Lower Highs hold, we are expecting a strong recovery back to the April 01 High, even the 0.2650 High of May 2021.

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