Zilliqa Challenges MA200, Starts To Look Good!

Updated
Zilliqa (ZILBTC) has been great to us in the past with great profits... It's been a while since we last traded this pair.

Now, after a long period of consolidation, while Bitcoin prints strong swings down and up, ZILBTC is getting ready for a strong bullish jump.

Zilliqa Chart Analysis & Signals

  • Prices are now trading above EMA10 and we also have increasing volume.

  • A clear reversal signal can be seen 26-March... And now prices are moving up.

  • MA200 is the next major resistance that needs to be broken in order for prices to gain momentum while continuing higher.

  • ZILBTC is now facing EMA50 at 65 satoshis (0.00000065). With yesterday's long-wick, this level is soon likely to break.


This is it for this analysis.
Thanks a lot for reading.

Namaste.
Note
Works perfectly... Prices broke above MA200 and what followed was a strong green candle (bullish move).

It can go higher.
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