Zilliqa / TetherUSUpdated ZILUSDT facing a strong resistance
As you can see, the trend has touched several times, such a strong trend, but now facing a strong resistance above ( $0.06401 - $0.06498 ), which also happen to be an EMA 200 on a 2hr TF.
A break above would confirm a new high of this trend, but the supporting trend has been weaken, lets see if it could break, next support would be $0.05897 - $0.05466
Lets keep an eye
A break above would confirm a new high of this trend, but the supporting trend has been weaken, lets see if it could break, next support would be $0.05897 - $0.05466
Lets keep an eye
Note
divergence appear on a 2hr tfs3.tradingview.com/snapshots/l/LpAIYNkO.png
Note
Strong EMA 200 above, currently couldn't surpass an EMA 140 on a 2hr TFs3.tradingview.com/snapshots/c/ceW4kUQs.png
Trade active
as suspected, it brokes3.tradingview.com/snapshots/j/J0p8CILU.png
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.