CryptoRush_

Bullish signs apparent HERE are resistance levels to watch for

BINANCE:ZILUSD   Zilliqa / US Dollar (calculated by TradingView)
The current situation:

1. Price action is now above all major moving averages with the latest one it just gotten above to be the 3D 21MA at about 0.0195 USD, which is a bullish sign. It is important to see if the price action closes above this moving average however as falling below it may change the situation.

The price action is still apparent within the roughly rectangle pattern, with resistance to be expected at about 0.275 USD and above, where the top trend line is.

2. Increasing buyer volume is trending with higher price action on the 6, 12HR and daily chart . This is a good signal as more buyers are still coming in to push the price higher.

3. Possible bearish divergence can occur on the 1, 4, 6, 12HR and daily chart so this may still signal a pullback if they play out.

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