Big Breakthrough!!! Zilliqa Zil Breaks Out A Long-Channel

 


Hi friends hope you are well, and welcome to the new update on Zilliqa.

 

Different support and resistance levels:

On a 4-hr time frame, Zilliqa is moving between the resistance and support of $0.045 and $0.037 and was recently rejected by the $0.045 resistance level.

TradingView Chart

Falling wedge:

On an hourly time frame, recently Zilliqa has broken out a falling wedge pattern, the target for this breakout can be $0.045.

 

Breaking out the channel:

On a daily time frame, Zilliqa has broken out a long down channel and target for this breakout is $0.20.

 

Big wedge:

On a weekly time frame, Zilliqa is moving in a big falling wedge pattern that was previously broken out. Now after breaking out a channel on a daily time frame, there is a high probability that Zilliqa may breakout this big wedge soon.

TradingView Chart

 

For a detailed analysis, you can watch the video.


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