ZK / TetherUS
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Alikze »» ZK | Ascending Channel - 1D

🔍 Technical analysis: The scenario of wave 3 or C super cycles in the ascending channel - 1D


- It is moving in an ascending channel in the daily time frame.

- According to the momentum and bullish guard, it is currently in the middle of the channel, which can continue its rise up to the range of the supply zone if the price breaks 0.1465.

- In addition, if it faces a correction in the middle of the channel, it can face demand again in the golden zone if it returns and continue the upward trend up to the ceiling of the channel and the supply range.

💎Alternative scenario: In addition, if it faces selling pressure in the area of ​​0.1465 and the correction occurs quickly, the golden area is probably broken and the correction can continue until the OB area.

💎 Possible scenario:
Therefore, if the correction occurs in a zigzag fashion, it will have the ability to grow up to the specified areas and the bullish scenario can be more likely.
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