Pandamonster

Zilliqa probable breakout

Long
Pandamonster Updated   
BINANCE:ZILBTC   Zilliqa / Bitcoin
Zilliqa had a long correction after last high and maybe now it's a time to recover. Daily macd shows that a trend can be reversed soon. Also I see a reversed head and shoulders on 1h. Also it's 4th attempt to break out from resistance. Also current price zone had a lot of volume in previous time so it's strong enough. I plan to watch on it and when break out is detected I plan to take it for long. No TA, I will find it later, Zilliqa is a good coin and it's possible to take it like that.

This is not a financial advice. I only share my own opinion about this.
Comment:
I still believe in this idea. The bottom line can be drawn different to form a failing wedge, but Zilliqa is still trying to break out from a resistance line.
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