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Technical analysis by De_Dommex about Symbol ZIL: Buy recommendation (3/4/2024)

https://sahmeto.com/message/2754931
De_Dommex
De_Dommex
Rank: 13942
1.6

DESCENDING TRIANGLE

Buy
Price at Publish Time:
$0.032392
Buy،Technical،De_Dommex

This is a descending triangle on a Higher TimeFrame. I love chat pattern they are always great and they show end of a trend or a trend continuation.Chat patterns are always a good signal in the market will be looking at the Descending Triangle in a triangular form and it broke above the TrendLine shows that the Bears and no longer in control of the market giving room for the Bulls to take control

Source Message: TradingView
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