SpartaBTC

ZEC/BTC Main trend Channel The price is at the channel resistanc

BINANCE:ZECBTC   Zcash / Bitcoin
The main trend. Downlink. The price is at the zone of its resistance. Below the downtrend, a triangle-like formation with a base of 123% has formed. The price has overcome the secondary downtrend quite a long time ago, during the formation of this "triangle".
A breakout and price fixation above the downtrend will reverse the trend.

It is also worth noting that this is an "anonymous coin" that will be used in a future FUD news game to guide prices from BTC . I think everyone understands that there is no anonymity, everything anonymous is created only in order to find out that you have anonymous.
Comment: + 23% from breakout, rollback after the breakdown of the triangle resistance. The price has crossed the zone of the main downtrend line at the moment. A local uptrend is developing.

If there is a movement in the BTC / USD pair according to the development of the triangle that has already been formed, then with a high degree of probability a pair of alts to BTC including ZEC may sink or at least start sideways. Consider this in your trading strategy.
Comment: + 87% from the breakdown of the resistance of the triangle and exit from the downtrend. The long downtrend has reversed. Important resistance zone 0.0064. The coin is quite volatile and there are many rollbacks by shadows with price retention (large positions in large market participants + not strong liquidity) use this in your earnings
Comment: after the breakout of the descending line of the main trend, a local ascending channel has formed. At the moment, the price has reached the support zone of the mirror level.
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Comments

I hoop it works.
+2 Reply
SpartaBTC Jeams_stonis
@Jeams_stonis, Let's see.
+1 Reply
where is stop loss? or you think stop losss is no t necesary?
+1 Reply
SpartaBTC IgnacioRodriguez
@IgnacioRodriguez, It depends on which trading strategy you are using. I do not use stop loss. In my trade, on the contrary, I take your stop losses from you as it is very clear where the crowd that gives the money puts them)))
+3 Reply
SpartaBTC IgnacioRodriguez
@IgnacioRodriguez , наверное логично, если нисходящий тренд пробивает, то под линией тренда. На данный момент очень большой шаг стоп-лосса, если вы покупаете сейчас.

But, be aware, with a high degree of probability that your stop loss will be knocked out and the entire trend will reverse without you. Track this on any cryptocurrency before a trend reversal.
+1 Reply
@SpartaBTC, thanks man!
Reply
simple chart and nice analysis :) thx
Reply
Uh-huh what about other so-called anonymous coins will they be in focus too...
Reply
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