imfamousrajat

ZILLIQA- Broke out of Downtrend!

Long
BINANCE:ZILBTC   Zilliqa / Bitcoin
Hello everyone, i am posting a quick update on Zilliqa. It broke out of the long downtrend line and is now gaining upward momentum.


What does the indicators say?
*RSI + EMA
A clear buy opportunity.

*WILLIAMS ALLIGATOR
The lines are trying to come up in the exact order in which they should be in order to consider a buy signal. Since this is a lagging indicator, it will take some time for confirmation.

*MACD
MACD is showing a clear buying pressure.

*MOMENTUM + EMA
The momentum indicator is showing Bullish divergence .

P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.

Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!


Good luck trading.!
Peace.
Comment: Retest of the long uptrend line.

Comments

please update
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imfamousrajat zherdevaa1987
@zherdevaa1987, Hi, it is is going as expected. will update if it breaks down from the trendline or reaches some resistance. ;)
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