We are quite familiar with this altcoin project/trading pair, Zilliqa (ZILBTC), we have been looking at it since it became available on the exchanges and it has been a great money maker for us.
Zilliqa Chart Signals
A new higher high was hit recently and ZILBTC started to retrace. We know that the ALTSBTC pairs are growing and that they will continue to grow now for years to come. So now that the support has been hit for ZILBTC, it can very easily move higher.
We can see bull volume going up, while bear volume is decreasing.
The RSI looks good on at 47 on this chart. This can be considered strong here.
Zilliqa's Path
If support breaks (0.00000066), ZILBTC can move lower and test 50-60 satoshis (red arrow).
If EMA10 (0.00000073) can be broken with good strength and volume, then Zilliqa can start to grow a lot and fast.
All the details are clearly shown in the chart above. Feel free to leave a comment if you have any questions.
Here you can see our previous chart for Zilliqa (ZILBTC)
Thanks a lot for reading and for your continued support.
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