Hi dear friends, hope you are well and welcome to the new trade setup of Ox (ZRX) token.
Formation of huge descending triangle:
On the weekly time frame, priceline of Zilliqa has found a very strong long-term support at $0.0526. There is also a down trend line resistance above the price action and these support and resistance levels has formed a huge descending triangle.
Huge harmonic move:
On the same weekly time frame the prcie action of Zil has also formed a harmonic bullish reversal Gartley pattern.
After reversal from this pattern, the pricline can also breakout the big triangle as well.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Formation of huge descending triangle:
On the weekly time frame, priceline of Zilliqa has found a very strong long-term support at $0.0526. There is also a down trend line resistance above the price action and these support and resistance levels has formed a huge descending triangle.
Huge harmonic move:
On the same weekly time frame the prcie action of Zil has also formed a harmonic bullish reversal Gartley pattern.
After reversal from this pattern, the pricline can also breakout the big triangle as well.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Atif Akbar
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.
Atif Akbar
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.