Hello guys. I wrote down all my notes on the graph. My only concern about this trade is BTC. If BTC does not ruin the market, it is really good opportunity to buy ZILBTC. So please use a SL according to your risk ratio for this trade.
Please make a comment to improve my ideas and charts
Thank you for reading and wish you have a profitable day.
Please make a comment to improve my ideas and charts
Thank you for reading and wish you have a profitable day.
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Comment:
I have posted a big picture of ZILBTC on 1 day time frame chart. ZILBTC is pretty squeezed inside the two triangle and not much room left. There is a gap on RSI so it may go the way of option 1 or it may breakout ascending triangle and goes to the way option 2. I will take position after I see which way it breakouts. That makes me feel more secure in this trade.
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