Multiple reasons for this trade:
- Rising trendline since 0.021 bottom remains.
- Horizontal support at 0.042
- A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now
- Tight stop loss at 0.047 is possible (little loss if the trendline does not hold)
- Possible BTC correction:
Comment:
The daily candle have closed. First bullish one since the peak a month ago.
Everything looks primed
The daily candle have closed. First bullish one since the peak a month ago.
Everything looks primed
Comment:
Comment:
ZEC flagging in the smaller timeframe.. Should be testing 0.07 by tomorrow
Comment:
Daily: ZECUSD is close, while BTC's strength relative to USD is holding ZECBTC a little.
Healthy correction so far on the 1H chart.
Daily: ZECUSD is close, while BTC's strength relative to USD is holding ZECBTC a little.
Comment:
Another excellent daily candle close for ZECUSD
Another excellent daily candle close for ZECUSD
Comment:
ZECBTC testing resistance...
however ZECUSD is already in a highway.
however ZECUSD is already in a highway.
Things get clearer when you look at ZECUSD. A consolidation, without the strength of Bitcoin.