Hi dear patrons, hope you are well and welcome to the new update on Zcash coin.
On the weekly time frame chart, the price action of ZEC has completed the bullish Cypher.
Buy and sell targets:
Buy between: 0.002540 to 0.002129 btc
Sell between: 0.002863 to 0.003639 btc
Stop loss:
The maximum extent of potential reversal zone 0.002129 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 70.5%, and the loss possibility is 16.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the weekly time frame chart, the price action of ZEC has completed the bullish Cypher.
Buy and sell targets:
Buy between: 0.002540 to 0.002129 btc
Sell between: 0.002863 to 0.003639 btc
Stop loss:
The maximum extent of potential reversal zone 0.002129 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 70.5%, and the loss possibility is 16.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.