Zilliqa High Volume After New All-Time Low (180% Possible)
Updated
A new low has been hit for Zilliqa (ZILBTC) on the 13 May. I am noticing many altcoins that went through the same.
After this new all-time low was hit, trading volume had a massive increase.
The RSI went deep into oversold but is now trading above resistance, with plenty of room left available for growth (trending up):
The MACD is showing a bullish crossover and some bullish divergence, not strong but still there. The histogram is now going in favor of the bulls.
An attempt was made to break above EMA10 on the 16 May without success. EMA10 is being challenged again today on super high volume. A close above this level moves Zilliqa from bearish to bullish potential.
With that said, this setup is ready for a trade.
Feel free to hit like if you enjoyed this post.
Namaste.
After this new all-time low was hit, trading volume had a massive increase.
The RSI went deep into oversold but is now trading above resistance, with plenty of room left available for growth (trending up):
The MACD is showing a bullish crossover and some bullish divergence, not strong but still there. The histogram is now going in favor of the bulls.
An attempt was made to break above EMA10 on the 16 May without success. EMA10 is being challenged again today on super high volume. A close above this level moves Zilliqa from bearish to bullish potential.
With that said, this setup is ready for a trade.
Feel free to hit like if you enjoyed this post.
Namaste.
Note
TARGET:(1) 0.00000278 -Reached 21-May (+16%)
(2) 0.00000298 -Reached 21-May (+24%)
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