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.
seems to be headed for another brief accumulation period with a possible retest at the red circle. would be very brief if that happens with this sort of positive momentum behind it. the 33 MA closing in on that intersection as well gives that spot some extremely strong support despite being in uncharted territory. this run has legs and in my opinion, another good...
ZILLIQA recently has gained bullish momentum; this is the reason why he printed profits for those who bought previously. Here is another chance for those who do not want to miss a life changing opportunity.
Hi All, Most ALTs are doing bottom formations before we see many brake out. Zil is one of those who has a decent trend, most important to reduce your risk exposure. Keeping it short, I see this bullish for the next two weeks. Based on the chart and indicators, with the BTC dom. dropping while BTC it accumulates \ consolidates sideways, we see the ALTs...
$ZIL Long setup: Entry at POC, S.L. tucked beneath trendline support, targeting range high.