Huge Cup and Handle Pattern on Zilliqa
ZIL just formed a huge cup and handle pattern on the weekly chart. This pattern only will be confirmed if the price closes a weekly candle above ATH at 0.2355. At first it has to break out from the current descending channel which is the handle of the main cup and handle pattern. The pattern projection is $25! the first targets for the bullish scenario are $1, $4.2 and $6.5. In the bearish scenario supports are 0.029 and 0.014.
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