Technical analysis by googooboyy about Symbol ZIL: Buy recommendation (12/5/2024)

NOT FINANCIAL ADVICE + DYOR + DD These last 4 weeks have not been like the torrid last 4 years for team Zilliqa, whose co-founders left, CEOs kept changing, price action were depressed, projects (Metapolis, console gaming) waned, and TVL lost steam. But Zilliqa 2.0 is coming with plenty of promises. And promises create hype. And hype creates demand. And demand is unpredictable. Or is it? It may not be Altszn quite yet, but for Zilfam, it's shaping to be one. After briefly lurking around ATLs, ZIL came alive without much warning. Currently, on the 1H charts, it's looking positive as it is showing a bit of strength: higher lows bullish pennant hidden bullish divergences Nothing to complain in these last 4 weeks indeed!