BINANCE:ZILUSDT Hello everyone. As we can see : - EMAs 50/200 are supports now - Divergence - Helical indicator was bearish and touch bottom now ( means that we will have a retest ) - Stochastic is bearish - MACD is being bearish
All of the indicators are bearish now, also we have a divergence recently. Expect a retest and more dumps now ! Also we are at short ENTRY zone at CMP .
Attention : this is not a financial advise we just try to help people on their own vision.
Hey man, thank you for sharing your great analysis. I need to ask for your opinion. Of course, only if you don't mind. Would you say that right now, being almost two and half days after your analysis was posted, that it looks like the price is playing the blue arrow behavior on your chart? Just a few days ago, the most anticipated and so called ZilSwap got successfully launched, which is pretty much the bridge to all Ethereum related products. A mayor step forward for the whole Zilliqa ecosystem if you may. Would you say this could be one reason to consider as valid for the price to keep pushing upwards and even break some resistance points in the coming weeks? Thank you.
Helical_Trades
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@AntwanCeja, Hi there, newly fundamentals are very effective now !
So about the fundamental that you mention the best time for fundamental's effects is before a fundamental happens...
market movement could be change if BTC dump again, as we are stay above support line and triangle resistance we are bullish for sure but i suggest to manage your risks and wait until 13OCT !!
Its an important day !
GOOD LUCK.
Have a good day sir.
SunnyHillCapital
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Seriously amazing work, thank you for sharing with us!