Even After Strong Sell-Off Zilliqa Is Still Standing Above The Support With Huge Bullish Divergence

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    moon333

    Published on Jun 19, 2022
    About :

    $0.03 support and inverse H&S:
    Hi friends hope you are well and welcome to the new update on the Zilliqa coin.
    On an hourly time frame Zilliqa broke out a triangle but after getting rejected by $0.037 resistance it has tested the $0.03 support and bounced form here. In the meanwhile, Zilliqa has also broken out an inverse Head $ Shoulder pattern and now testing the neckline of this pattern as support.

    image.png

    Bullish Divergence:

    On a weekly time frame, there is a still big bullish divergence of Zilliqa's chart, as pricleine is forming lower than the previous low but on the other hand, RSI is forming a higher low.

    image.png

    You can watch the complete details in the video.

    Tags :

    zilliqa zil cryptocurrency bitcoin btc leofinance

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