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Calvin1232008

ZCL Descending Triangle formed

Calvin1232008 Updated   
BITTREX:ZCLBTC   None
Trend Analysis Chart Patterns
2
5
trendanalysis chartpattern
BITTREX:ZCLBTC

Based on the 1 Hour Chart, we can see the candlesticks formed a descending triangle which means that there is likely more chance that the price of ZCL will go down and test the support levels below.
Comment:
The candlestick just touched the descending line. Expecting the price to fall.
Comment:
Price is on a breakout which means this analysis is now invalid. But keep holding this token as it has a good platform
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