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ZECBTC Cup&Handle

Long
Zcash / Bitcoin (BINANCE:ZECBTC)  
Skyrex Updated   
BINANCE:ZECBTC   Zcash / Bitcoin
Trend Analysis Chart Patterns Technical Indicators zec ZECBTC ZECUSD BTC BTCUSD BTCUSDT signal buysignal forecast
3
0
trendanalysis chartpattern indicator zec zecbtc zecusd btc btcusd btcusdt signal buysignal forecast
Yesterday you could have seen how the price was pumped up to 0.0222. The price fell dramatically and quickly and have consolidated. Indicators switch to bullish state at the 2-hours timeframe. Ichimoku cloud zone acts like a strong support, while price movement occurs at the upper edge of the Bollinger Bands

We can see Cup and handle patter was formed. We recommend this trading opportunity in the short term. Safe buying zone is between 0.0193 and 0.0198
Comment:
Reached 1st target just after the price touched the lowest edge of the buying zone

Profit: 5.7%
Duration: 8 Hours
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