Zilliqa Challenges MA200, Starts To Look Good!

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.

MasterAnanda

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