ZILUSDT is printing an ascending triangle pattern at the mid region of the major descending channel.
Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target - major descending channel resistance.
The market has been printing a descending channel since mid May. Price action is approaching the channel resistance. We could see a breakout above the channel resistance as bullish ↗️. While a bounce off the major channel resistance and breakout below the current minor uptrend support as bearish ↘️
We are now testing werry strong yellow support on price 0,18$ to 0,195$. From this support we will get more the answers where we can going.
I think, that we going to 0,22$ and come next correction to yellow support and at the same time confirmation of the red line. When this support and first red line will be confrim, It will be new trend of ZIL for long term. If...