ZILBTC - HL on Daily & C&H 4h - 38%-142% Targets

I'm bullish for reasons

1. Price is currently in the right shoulder of IH&S in 1D
2. Bullish Divergence on 4H
3. Doji in 1D before Green Candle
4. Bounced @.618 RED
5. Price holds @.5 RED support
6. Buy volume above average in 4H
7. May form C&H on 4H before breaking resistance

Buy Zone: .618 - .382 Yellow Fib.

Targets: 38% - 142% From current price.

Trend change if below .618 RED and becomes Resistance.

Kommentar:

Price breaks down and currently below all Yellow Fibs and in between .5 and .618 RED which is a good buying area for long term.