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ZILBTC

Zilliqa Bullish Double Bottom Plus Broken DownTrendHere we have the chart for Zilliqa (ZILBTC), which is looking beautiful and can potentially produce a strong breakout to the upside… Let's take a minute and look at this chart together... First, we have a double bottom, ZILBTC hit the same low at 0.00000132 BTC on the 28th of June and the 4th of July, this is a bullish pattern. We can also see the bullish divergence on the MACD and RSI, purple arrows. Notice how the price is going down while the indicators are moving up. This is a very strong and accurate signal but it doesn’t always play out, it can be invalidated. This double bottom pattern also happens to be a new all-time low on Binance for ZILBTC, making this a retest of the low… Probabilities are high for a move to the upside here. The RSI is also moving out of oversold and there is a recent break/challenge of EMA5. Conditions for change: If ZILBTC moves lower and closes below 0.00000132 BTC on the daily time frame, the above signals become invalid and a new analysis is needed. Thanks a lot for reading. Namaste.
Long
by MasterAnanda
9
#ZIL : A 100% Profits Opportunity In The Mid Term.#Accumulation_Recomendation Pair : #ZIL / #BTC Platform : #Binance RSI : 50 Volume : A good amount of volume circulating on the 1D chart but show some decreasing level of volume by the last 4H and needs some more energy. **Note : - MACD already on the way up showing a very good bullish behavior. - RSI : Already bullish on favor of the Bulls. - EMA is looking bullish for the short term moving below the current candle stick. Current Accumulation Area : 140 sats - 152 sats Distribution Targets Short Term : Target 1 : 170 sats Target 2 : 193 sats Target 3 : 212 sats Target 4 : 231 sats Target 5 : 257 sats Target 6 : 291 sats Mid Term : Target 7 : 390 sats Target 8 : 549 sats Stop Loss : 128 sats Capital : 5% Risk : High @Togetherweaccumulate
Long
by cryptotalk_et
1