ZKIN Buy a break Setup.
ZKIN Intraweek
We look to buy a break of $2.11 with a stop loss at $1.90.
Daily signals are bullish.
Price continues to range in a bullish channel.
Psychical resistance was located at $2.00.
Key weekly resistance located at $2.00 was broken.
A clear break of $2.10 will confirm bullish momentum.
More upside is expected, but due to a strong resistance located at $2.10 we prefer to buy a break of this resistance.
20 Daily EMA is located at $1.90 and is dynamically support the price.
The price can drop as low as $1.70 where 50 EMA and uptrend line is located and still remain bullish.
Our outlook is bullish.
Our profit targets are located at $2.91 and $3.18
Support $2.00 / $1.90 / $1.70
Resistance $2.10 / $2.50 / $3.00
We look to buy a break of $2.11 with a stop loss at $1.90.
Daily signals are bullish.
Price continues to range in a bullish channel.
Psychical resistance was located at $2.00.
Key weekly resistance located at $2.00 was broken.
A clear break of $2.10 will confirm bullish momentum.
More upside is expected, but due to a strong resistance located at $2.10 we prefer to buy a break of this resistance.
20 Daily EMA is located at $1.90 and is dynamically support the price.
The price can drop as low as $1.70 where 50 EMA and uptrend line is located and still remain bullish.
Our outlook is bullish.
Our profit targets are located at $2.91 and $3.18
Support $2.00 / $1.90 / $1.70
Resistance $2.10 / $2.50 / $3.00
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