ZRO / BitcoinLong
LayerZero | Double Ascending (Thanks For The Support!)
I know you miss me already, because this is the last chart of the day.
Here we have a short-term chart for LayerZero (ZRO). A new cryptocurrency project.
We have a double ascending pattern: Ascending channel and ascending triangle.
➢ The dynamic is quite simple. After the 5th of August, ZROBTC has been producing higher lows while maintaining the same upper boundary, thus the ascending triangle. This is a bullish development.
➢ The current 12h session is just moving above EMA8/13/21 with a rise in volume; above-average. This session closes in 1.5 hours. If the break happens above these levels, the bullish signal is confirmed.
In case of a drop, support is mapped on the chart.
I am sharing this one for my entertainment only... It can be good for a trade only if focused on the super short-term. Plan the exit before entering, and you should do good.
Thank you, thank you, thank you.
Namaste.
Here we have a short-term chart for LayerZero (ZRO). A new cryptocurrency project.
We have a double ascending pattern: Ascending channel and ascending triangle.
➢ The dynamic is quite simple. After the 5th of August, ZROBTC has been producing higher lows while maintaining the same upper boundary, thus the ascending triangle. This is a bullish development.
➢ The current 12h session is just moving above EMA8/13/21 with a rise in volume; above-average. This session closes in 1.5 hours. If the break happens above these levels, the bullish signal is confirmed.
In case of a drop, support is mapped on the chart.
I am sharing this one for my entertainment only... It can be good for a trade only if focused on the super short-term. Plan the exit before entering, and you should do good.
Thank you, thank you, thank you.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.