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ZK International Group Co., Ltd
Long

ZKIN: Ascending Triangle & RSI Channel

731
On the 4 hour chart we can see that the price broke out of an ascending triangle and now a possible pullback up to $3.00 is expected for a retest of the broken support. So $2.87 - $3.00 USD is a price zone that I would pay close attention to.
From the other side we can see that RSI indicator is creating an Ascending Channel. All the time the indicators line reached the support line of the channel it changed direction and the price did the same as well. So we are anticipating the same move again. For more in-depth analysis check the related ideas.

Targets:
$4.08
$4.93
$6.78 exteded target

Thank you and Good Luck!


KlejdiCuni
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Also on:
Chart PatternsTrend AnalysisWave Analysis

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Chart PatternsTrend AnalysisWave Analysis
KlejdiCuni
✅MY Free Signals
t.me/TradingPuzzles

✅Personal Telegram
t.me/KlejdiCuni

✅YouTube
youtube.com/@TradingPuzzles

✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Also on:

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.