A nice textbook setup forming for this coin. Needs to be confirmed but looking good so far. Market has been all sideways lately so watch out for more of that (e.g. false break). Assuming this breakout is strong, one may expect the current candle to close near its high and a nice follow through candle tomorrow. A re-test of the trend line support is also a valid...
- In this chart we can see the possible options of movement. We can see that the price can break the flag. If the price goes back, we could look for incorporation in the bearish divergence. - The other option is that the price breaks down and we could look for support in the support marked as a rectangular area. This is a relevant volume area and it is possible...
In the weekly chart we see how a turning pattern marked by a semicircle has been formed. We see that the price breaks through the resistance area with a lot of volume and today the price is forming a bullish flag, indicating that a continuation pattern is likely. We see in more detail how we could take advantage of the movement in the daily chart.
Hey friends, hope you are well, and welcome to the new update on Zilliqa coin. Bull flag and re-testing of a EMAs: In USD market, on the daily time frame chart, the price action of Zilliqa has formed a bull flag and moving in a down channel. In the meanwhile, it is also using exponential moving averages with the time period of 10 and 21 as support. Down...
Hi friends hope you are well, and welcome to the new update on Zilliqa coin. On 4-hour chart, the price action of the ZIL has completed the final leg of bullish BAT and entered in potential reversal zone. Buying and sell ranges: The buying zone starts from 0.786 to 0.886 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786...
Hi friends, hope you are well and welcome to the new update on the Zilliqa coin. In the previous article, we have seen that the price action of Zilliqa found a weak bearish an then bullish cloud resistance of Ichimoku cloud on weekly chart. Therefore, there was a strong possibility for a big breakout. Finally, the price action turned strong bullish and produced...
ZILLIQA is trying to break out of the falling wedge if Bitcoin can cooperate to do so. If the price action can break and retest 50 SMA, we might possibly see more bullish momentum for ZIL.