ZILBTC Possible Bull Run confrimation required
Updated
As per chart, ZIlBTC broke the 200 Ema for the first time. Last time it tested 200 ema on on 27 JAN 2019 but failed with weak volume.
Now it crossed 200 ema for the first time and good news is with strong volume and its testing 200 EMA as support.
Although this all looks bullish, Its still stuck in a channel which needs to broke with good volume then i Am a buyer.
The vortex indicator is Already bullilsh. the blue line crossed red line with strength
Remember how DIGIBYTE did few days ago, it has a good potential to follow if BTC stays in Shape.
I have an alert as you can see to give a solid confirmation.
Good luck
please like and follow if you like the idea
Now it crossed 200 ema for the first time and good news is with strong volume and its testing 200 EMA as support.
Although this all looks bullish, Its still stuck in a channel which needs to broke with good volume then i Am a buyer.
The vortex indicator is Already bullilsh. the blue line crossed red line with strength
Remember how DIGIBYTE did few days ago, it has a good potential to follow if BTC stays in Shape.
I have an alert as you can see to give a solid confirmation.
Good luck
please like and follow if you like the idea
Note
ZILBTC failed to hold 200 ema but It still has a higher low forming. Keep an eye if it breaks the 200 ema, breaks previous highs, then buy can be anticipated.Note
The prices are going as planned keep an eye if Zilbtc Comes back to test the channel, that would be a great buy around 95 to 100 Sats. At the moment,its sitting at 1;1 extension strong volume. Breaking upwards would lead to first target of 150 sats. where a strong resistance of 50 Ema Weekly. At the moment its holding solid grounds and alot of room for weekly RSI to exhaust. Weekly RSI currently at 62 and has potential to test 80 markNote
The trend stengthens after backtesting the channel
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