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PolarHusk
Aug 7, 2020 5:42 PM

ZIL/BTC (Trendline Break? Bullish?) 

Zilliqa / BitcoinBinance

Description

ZIL/BTC

-Zilliqa may have found the bottom at 150 sat range
-This is a confluence of previous resistance now turned support
-We can also see a Bullish reversal candle last 2nd of August
-Today, it is trying to break outside the trendline resistance
-If the daily candle can close with a body outside the trendline
-Chances of going up will be higher
-The potential upside is up to 280 sat area
-Bearish scenario, breaking below the green support will invalidate this idea
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