Zil
Zilliqa Challenges MA200, 75%+ Move MappedZILBTC (Zilliqa) has been printing a series of higher lows and bullish/green volume is now becoming predominant on this chart.
MA200 (black line) is being challenged as I write this.
This indicator right now is sitting at 68 satoshis (0.00000068), as soon as ZILBTC manages to conquer this resistance, we can see its price starting to move up.
Conditions for change
If prices drop and close below 60 satoshis (0.00000060), then we can say that the bullish momentum is gone. If we go below 0.00000055, the above signals become invalid and 0.00000050 becomes the next important support. Depending on how this level is handled, ZILBTC will move either down or up... We remain bullish and always expect a bounce even after a strong drop.
Thanks a lot for your continued support.
Namaste.
ZIL/USD BIG LONG TP1-100% TP3-355%Buy on support 0.0060 +/- . LONG trade. RRR 5:1. TP1-100%. God luck
ZILBTC. Accumulation zone. Selling gap to be closed soon.Hello,
At the chart below you can mention Accumulation zone for ZIL.
Deviations telling us it's not finished yet.
Selling gap between Supply zone and first low will be closed soon.
This empty space has no resistance till Supply zone.
RSI bottomed.
Volume dropped.
Alts reclaim some gains, ZIL still accumulating.