ZCL Descending Triangle formed

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BITTREX:ZCLBTC

Based on the 1 Hour Chart, we can see the candlesticks formed a descending triangle which means that there is likely more chance that the price of ZCL will go down and test the support levels below.
Nota
The candlestick just touched the descending line. Expecting the price to fall.
Nota
Price is on a breakout which means this analysis is now invalid. But keep holding this token as it has a good platform
Chart PatternsTrend Analysis

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