ZIL USDt forming cup and handle bullish bias
On the weekly Binance chart ZIL is forming a cub and handle pattern. It's not formed yet, so based on this pattern only I do not buy jet.
However, on the daily chart:
Holding support
Respecting the trendline
Respecting the EMA 20
Low momentum on the MACD
Building up market structure in to a bullish breakout
I decided to buy at 0,01933
Target around 0,03200 (fib level 0.618)
Stoploss around 0,01704 (previous low support + current ATR)
However, on the daily chart:
Holding support
Respecting the trendline
Respecting the EMA 20
Low momentum on the MACD
Building up market structure in to a bullish breakout
I decided to buy at 0,01933
Target around 0,03200 (fib level 0.618)
Stoploss around 0,01704 (previous low support + current ATR)
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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.