BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.