ZIL / BTC - Good R:R set up

2020년 8월 6일

I haven't looked at ZIL for a long time, but as soon as you see it hopefully you see why i think it's worth a long.

MACD on the 1D timeframe is crossing. Bullish divergence can be seen, and a reaction at 0.618 fib. Price was rejected from the 55 EMA but used 200 EMA as support. It's quite common to be rejected on the first test.

Swing trade

2020년 8월 6일

코멘트

Weekly Chart - Cup and Handle isn't normal a pattern i play, but you can see one forming. A long extended bottom too and a large increase in volume, great swing trade R:R