ZKIN INTERNATIONAL (Bullish Monthly)
💎Technical Analysis Summary💎
NASDAQ: ZKIN
-ZKIN closes the monthly candle of March with a strong bullish momentum
-This is the 7th consecutive green candles since September 2020
-The price is above the monthly support of 2017-2018 trading history
-The RSI is above 70 level which is a good sign of strength
-If ZKIN may retest the historical support, it must hold and defend the 6.6 dollars
-This support zone coincides with the upward trendline which can act as an uptrend projection
-I'm expecting the price to consolidate in this area for the next 3 months
-If we can find a bullish continuation in the weekly or daily time frames
-A potential retest of 16 dollars in the next few weeks
-For now, the overall market structure is strong and the priority remains to the upside
-I will publish a new analysis next week using the daily chart took into shorter price actions
-Weekend is coming, I hope everyone had a fantastic trading experience!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
NASDAQ: ZKIN
-ZKIN closes the monthly candle of March with a strong bullish momentum
-This is the 7th consecutive green candles since September 2020
-The price is above the monthly support of 2017-2018 trading history
-The RSI is above 70 level which is a good sign of strength
-If ZKIN may retest the historical support, it must hold and defend the 6.6 dollars
-This support zone coincides with the upward trendline which can act as an uptrend projection
-I'm expecting the price to consolidate in this area for the next 3 months
-If we can find a bullish continuation in the weekly or daily time frames
-A potential retest of 16 dollars in the next few weeks
-For now, the overall market structure is strong and the priority remains to the upside
-I will publish a new analysis next week using the daily chart took into shorter price actions
-Weekend is coming, I hope everyone had a fantastic trading experience!
⚠️Please always read the description⚠️
Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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