Inverted Hammer is Spotted on Zilliqa (ZIL/BTC) Daily Chart
An inverted hammer is spotted on the ZIL/BTC chart above. It is located at the current support area (1675 sats). The inverted hammer is a type of candlestick pattern found after a downtrend (notice the previous four bearish candles prior to the inverted hammer formation), and it is usually taken to be a trend-reversal signal.
ZIL/BTC current Support (S) and resistance (R) zones:
R1 2180 sats
S1 1675 sats
S2 1130 sats
S3 645 sats
nice signal!
thanks!
No problem ;O)
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Hi, thank you!