ZILUSDT Possible double bottom?

30 thg 12, 2020

In my previous analysis we saw a possible price channel forming in the wedge hoping it would follow the channel. It quickly got invalidated once it broke out downwards. However it has hold the 0.075 support area with a significant price rejection and we see a possible double bottom forming, which suggests we'll see a continuation of the uptrend. However, we have to wait for it to test the resistance area to confirm this pattern and take any long positions.

Trade safely.

30 thg 12, 2020

Ghi chú

Additional note: If the price decides to fall and break through the support area, this chart is invalidated.

30 thg 12, 2020

Ghi chú

Additional note: If the price decides to fall and break through the support area, this chart is invalidated.