Zilliqa is moving towards a critical breakout point (zil/btc - zil/eth) doesn't matter.
However the chances of zilliqa breaking
-through the point of control
-through the ascending wedge
and make new highs are ultimately determined by BTC 0.66% .
Right now BTC 0.66% is stuck within a trading range and facing resistance from the kijun-sen 30 day moving average.
If BTC 0.66% doesn't pull any major moves to upset the equilibrium - high probability that ZIL will breakout of the wedge and move to new highs.
If BTC 0.66% pulls a $500- $1000 pump out of nowhere - ZIL will face a pullback. ( Bitcoin 0.66% rises in dollar value thus Zilliqa's value in eth or btc 0.66% will have to be adjusted by the exchange bots)
However the chances of zilliqa breaking
-through the point of control
-through the ascending wedge
and make new highs are ultimately determined by BTC 0.66% .
Right now BTC 0.66% is stuck within a trading range and facing resistance from the kijun-sen 30 day moving average.
If BTC 0.66% doesn't pull any major moves to upset the equilibrium - high probability that ZIL will breakout of the wedge and move to new highs.
If BTC 0.66% pulls a $500- $1000 pump out of nowhere - ZIL will face a pullback. ( Bitcoin 0.66% rises in dollar value thus Zilliqa's value in eth or btc 0.66% will have to be adjusted by the exchange bots)
Not
We see a leptokurtic distribution bell curve forming around the high value node, which indicates another breakout is going to happen.
The high value node will act as support - price will just bounce off it.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.