-ZKIN started the 2021 week on a strong breakout above the previous high -We have now new local support of around 2.65 dollars -This will be our immediate support in the short-term action -Looking at the weekly market structure, the Bullish H&S was confirmed last Nov 2020 -If the Bulls can keep the momentum, we can expect the next target zone around 4-5 dollars -This area is a confluence of Fib resistance 0.5 - 0.618 level -We can see last Feb 2019 a strong rejection at this Fib resistance zone -This can act as resistance again or a good profit-taking zone -As always, plan and follow your trading objective -A disciplined trader will never let his emotion overcome his mission -Over-all the market priority is up, if you missed this opportunity do not get FOMO -Please patiently wait for a good trade setup like a pullback at support
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