KUCOIN:PZPUSDT
Based on the chart analysis for PlayZap (PZP), I'm monitoring a potential breakout that could occur before March 24, 2024. The PZP price is currently forming a triangle pattern, hugging the resistance line closely. This pattern suggests a consolidation phase which often precedes a significant price movement.
My technical analysis leads me to...
as we have analyzed before the head and shoulder was so clear that BTC would fall expecting to reach 29K, unless we see a decent volume of buying then we will analyze it in deep.
it looks in 29K have a good buying previously which indicates that have a good support for the downtrend. furthermore, the Bollinger band shows that the BTC will continue fall as...
It seems in the weekly candle that BTC has drawn head & shoulder which is a negative trend
we are expecting to fall to 29K in couple of weeks unless a spike happen and cancels the head and shoulder
this fall will happened gradually not necessarily to be fast fall
good luck
we saw that the BTC could cross the resistance and we are expecting to happen fast movement tomorrow or after tomorrow
we will keep an eye on the volumes to indicate its movement
