Zilliqa probable breakout
Zilliqa had a long correction after last high and maybe now it's a time to recover. Daily macd shows that a trend can be reversed soon. Also I see a reversed head and shoulders on 1h. Also it's 4th attempt to break out from resistance. Also current price zone had a lot of volume in previous time so it's strong enough. I plan to watch on it and when break out is detected I plan to take it for long. No TA, I will find it later, Zilliqa is a good coin and it's possible to take it like that.
This is not a financial advice. I only share my own opinion about this.
This is not a financial advice. I only share my own opinion about this.
Note
I still believe in this idea. The bottom line can be drawn different to form a failing wedge, but Zilliqa is still trying to break out from a resistance line.
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.
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.