ZCL - Great Potential

256
Falling wedge pattern on the daily with a bull divergence on the histo, potential cross on MACD gives me an indication that ZCL is a great opportunity right now.

Next week could be the breakout of the falling wedge, as the falling wedge closes

If history repeats --> sideways movement for a couple weeks --> accumulation --> break out big time august/september

If BTC breaks down --> probably ZCL going to the next support zone (down aswell = 90K'ish)

So the movement highly depends on BTC right now, BTC has:
- a squeeze on the daily chart, so a big move will happen anytime soon.

So set stop losses

Good luck!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.