At Coin Inquire, we offer free price signal of
Zilliqa (ZIL) and other cryptocurrencies. Today July 06 we are beginning a new series of free signals for top cryptocurrencies including Zilliqa (ZIL) .
Here we have the chart for Zilliqa ( ZILBTC ), which is looking beautiful and can potentially produce a strong breakout to the upside…
Let’s take a minute and look at this chart together…
- First, we have a double bottom , ZILBTC hit the same low at 0.00000132 BTC on the 28th of June and the 4th of July, this is a bullish pattern .
- We can also see the bullish divergence on the MACD and RSI , purple arrows. Notice how the price is going down while the indicators are moving up. This is a very strong and accurate signal but it doesn’t always play out, it can be invalidated.
- This double bottom pattern also happens to be a new all-time low on Binance for ZILBTC , making this a retest of the low… Probabilities are high for a move to the upside here.
- The RSI is also moving out of oversold and there is a recent break/challenge of EMA5.