If you're HODLing bags of ZIlUSD then patience will get you through the night.
Ziliqa is on a consolidation phase that may last a while longer while other coins are rising higher.
Zooming out on the 3-day chart reveals the trading range for major consolidation
Despite breaking out of the current trendline, the 6-hour chart shows momentum is still pushing down. We'd want to see an 8% gain to get back above water in the near-term.
Ziliqa is on a consolidation phase that may last a while longer while other coins are rising higher.
Zooming out on the 3-day chart reveals the trading range for major consolidation
Despite breaking out of the current trendline, the 6-hour chart shows momentum is still pushing down. We'd want to see an 8% gain to get back above water in the near-term.
Note
The downwards momentum did push down, along with much of the market the past couple days. Zil is now attempting to find support against the horizontal level
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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.
Related publications
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.