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lusb
Feb 17, 2018 2:24 PM

$ZEC trading idea Long

Zcash / BitcoinBitfinex

Description

Just a few words: Right now we're still in a good buy-in zone at about 0.45BTC (FIB 0.618). If this zone breaks negatively, then there would be a good opportunity to buy more at about 0.41BTC (FIB 0.786).

For the targets, I'm applying Fibonacci using the ATH from the last run.

PS: Keep in mind that it make some time (weeks/months) to reach Target 5 or even a new ATH ! Be patient, and don't forget to observe the status of the overall market including BTC, since this could influence this trade.

Cheers!

Trade active

Comments
lusb
I mentioned that we have the possibility to go lower towards fib 0.786.. and here we go! I believe that at about 0.041BTC would be a good opportunity to top up on ZEC.

lusb
We're still in buy-in zone. The RSI indicator is in the oversold range. It is probable that ZEC starts soon his move up. FIB 0.618 fails, next stop and buy-in opportunity would be FIB 0.786.


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