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
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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.
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.