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Even After Strong Sell-Off Zilliqa Is Still Standing Above The Support With Huge Bullish Divergence

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Published: 20 Jun 2022 › Updated: 20 Jun 2022Even After Strong Sell-Off Zilliqa Is Still Standing Above The Support With Huge Bullish Divergence

Even After Strong Sell-Off Zilliqa Is Still Standing Above The Support With Huge Bullish Divergence

$0.03 support and inverse H&S:
Hi friends hope you are well and welcome to the new update on the Zilliqa coin.
On an hourly time frame Zilliqa broke out a triangle but after getting rejected by $0.037 resistance it has tested the $0.03 support and bounced form here. In the meanwhile, Zilliqa has also broken out an inverse Head $ Shoulder pattern and now testing the neckline of this pattern as support.

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Bullish Divergence:

On a weekly time frame, there is a still big bullish divergence of Zilliqa's chart, as pricleine is forming lower than the previous low but on the other hand, RSI is forming a higher low.

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You can watch the complete details in the video.

▶️ 3Speak

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