Bullish momentum halted by the 312sats Weekly Resistance, price then fell to the next Weekly Support which was 211sats. This level held initially but has now broken and flipped to Resistance which has been tested 3 times with no breakthrough. Price has now created 4 Lower Highs and seems set to resume the bearish trend it has been stuck in since the Summer of...
Zilliqa, the asian ethereum, in the last 60 days went up a solid 208%, as you can see in the chart that resulted in a small correction on the price because it might have been over bought (shown in the declining RSI) BUT now with the RSI at a low point the asset seem to be ripe for new inventor to buy, the week hand have been shaken and the price is likely to go up.
. ZILLIQA/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 51.
. There is a possibility of temporary retracement to suggested support zone (0.00000458 to 0.00000412). if so, traders can set orders based on...
1) The stochrsi and price show divergence,2) The volume and price are diverging? (3)volume profile of scallop is U not dome wondering if divergence is an artifact of that,if indeed it is divergent?). Would normally say short however good indications of upwards progress soon,fundamentally wise mainnet token migration(1st April) lends itself to mid term uptrend...
Hi Guys like evreytime my analysis is success Today Zilliqa have signal buy with high volume and didn't be able to broken 455 S equal 0.61. this correction is very Good for Zilliqa Good luck and don't forget to support us Like and subscribe