TradingView
InvestingScope
Jul 5, 2023 8:49 AM

ZILUSD: Testing the 1D MA200, in anticipation of a strong break Long

Zilliqa / US DollarBinance

Description

Zilliqa has come today the closest it has been on the 1D MA200 since the May 8th contact, turning the 1D time frame largely bullish (RSI = 67.434, MACD = 0.000, ADX = 54.733). Consequently, a break above it, should set in motion the last part of the bullish leg that started at the bottom of the long term Channel Down. We will buy if the 1D MA200 breaks and target the top of the Channel Down (TP = 0.0300).

## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##
Comments
Salmin
Despite that huge 2D pump this coin has been in a downtrend since May 5, 2021
pejman_zwin
You’re a nerd, dude!🤓
More