Why am I bullish on ZIL? Well for one, we have seen the highest daily volume ever recorded for ZIL recently. It also looks to be forming an ascending triangle, which is inherently bullish. On top of that, ALTS in general have reacted very well to this recent BTC retrace, which leads me to believe we are going to see some strong alt bounces across the board. ALSO ZIL's smart contracts are coming out on June 10th, which can definitely cause some bullish momentum. If you are looking to go long on alt coins, I think ZIL is one of the best choices at the moment.
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So far so good... we broke out of the triangle, but lets see if we can hold above. If we can flip that resistance into support, I expect we hit my target within a week. We need to hold above here!