Chart (and project) very similar to ZILUSDT on the weekly.
Cup and handle formation on the weekly. Could retrace upto $0.015 after reaching $0.024 on the high. Right curve of the cup seems to act like the support, but can change.
Setup invalidated if:
– Cup and Handle formation is broken
– Fails to break $0.024 resistance
– Bounce fails on the $0.015 level
Targets, time frame and retracement levels given on the chart are for reference and not accurate.
This is a noob idea, I am nowhere close to an advisor. Please DYOR and DD , You are responsible for your own profit or loss.