Looking at ZIL, we see a clear cup & handle formation on the weekly chart. A break and close on the weekly chat above $0.03cents would likely trigger a rally to the yearly R2 pivot at $0.06cents.
Comment:
Looking at the Zilliqa chart again, we see it has continued to consolidate under the 29cent resistance. The chart has formed more of an Inverted Head & Shoulders pattern. A weekly break and close above this resistance level would likely trigger a spike in price towards the R2 - R3 Pivots.
