ZILLIQA Reversal & Bullish Targets
Definitely not a financial advice.
Divergences on the price action and relative strength have always turned out to be excellent indicators of the reversals patterns.
I do not trade patterns but at this point it's clear that Zilliqa is forming a head and shoulders with strong RSI divergence which screams for a reversal move.
Pattern invalidation at the bottom of the fib retrace.
Be responsible, have stop losses!
Divergences on the price action and relative strength have always turned out to be excellent indicators of the reversals patterns.
I do not trade patterns but at this point it's clear that Zilliqa is forming a head and shoulders with strong RSI divergence which screams for a reversal move.
Pattern invalidation at the bottom of the fib retrace.
Be responsible, have stop losses!
Note
Hit the 1st target range. Too soon man, too soon!Note
Simply REKT after the target 1
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.