An update to my previous Zilliqa chart, we see we've developed a clear inverted head & shoulders pattern on the weekly chart. A break and close on the weekly chart above $0.03cents would likely trigger a rally to the yearly R3 pivot at $0.06cents.
Note
Got a nice pump when we broke the resistance, might see a retest of support before we go up further. A break and close above the bearish RSI resistance could send things much higher.
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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.