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ForecastCity
Jan 10, 2022 1:21 PM

πŸ’‘Don't miss the great buy opportunity in ZECBTC @ElectricCoinCoΒ Long

Zcash / BitcoinBinance

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.003339).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. ZECBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.

Take Profits:
TP1= @ 0.003707
TP2= @ 0.004074
TP3= @ 0.004373
TP4= @ 0.004700
TP5= @ 0.004944

SL= Break below S2

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Comments
Sophi2018
β‹…
Thanks. This is helpful.
ForecastCity
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@Sophi2018, You're very welcome! Glad you found it helpful.
DenizKilicDeniz
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Clear, and detailed analysis. πŸ‘ Thanks!
ForecastCity
β‹…
@DenizKilicDeniz, You're welcome! Thank you as well for your comment.
noam_chom
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great analysis, but OUCH! price moved against you instantly :(
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