ZCL Update
Updated
Price still in supply zone but 61.8 now serving as support. Break out from here will likely test highs. Conversely, a rejection likely takes this below supply again. All things contingent on BTC holding up.
Note
Pushing above supply now, but bearish divergence on RSI 4H, telling me this is a poor high and probably isn't going to hold, at least for the short-term. Daily still has time to take back some of that tail.Note
Attempted to leave supply and rejected. BTCP announced a date for the fork and ZCL now dealing with a strong selloff, at this time it is struggling to hold the 618 from this recent runup, loses that and this goes right back to 97-120s
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.