Zilliqa (ZIL) Is Accumulating At A Very Strong Support

Hi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).

Accumulation at strong support:
The priceline of Zilliqa is accumulating at a strong support of $0.074. This level has been working previously as support and resistance for Zil as well.

Daily channel:
On a daily time frame Zilliqa has broken out a down channel after a long time period.

Small triangle:
After breaking out on a daily time frame, Zil has formed a descending triangle which is more visible on a 4-hr time frame. There is a strong probability that the price action will break out the resistance of this triangle and continue the move towards the upside.

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