WBM_Team

ZEC – should I stay or should go now...

BINANCE:ZECBTC   Zcash / Bitcoin
Hi Guys.

Let’s take a look at the Zcash this time.

It has bounced up from the record low lately.

The price has crossed the previous height for a while.

We need something stronger.

The price should stay above 0.015260 for a couple of bars.

Enter the position above that level when the volume rises.

Here are details of the technical analysis:

Ichimoku Cloud - The price is above KijunSen and TenkanSen - good.
We need to jump over the Cloud.

• WBM BUY/SELL Indicator – the price is saturated temporarily. The correction is expected.

Weis Waves – the supply has evaporated. All we need is more demand. Will it come?

MACD – positive divergence which is bullish

So this trade looks decent.

Wait for the correction. Swing on the price is expected.

It may take up to one month.

Keep it safe.

Set your alarm on the price 0.015260 and observe if it is stable above this price.

Hit a like if you find this analysis useful.

Thank you for reading and your time.

Are you ZEC believer, hodler or speculator?

Massive Hugs!
WBM Team
Comment:
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Related Ideas

Can you update this when its in buy zone?
Reply
WBM_Team shimmeringpath
@shimmeringpath, as we wrote in the text the price should stay above 0.015260 for a couple of bars.
+1 Reply
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