ZEC/USD Main trend (part). Anonymous cryptocurrency
Another anonymous cryptocurrency with at least some liquidity.
Main trend (part). Timeframe 1 week to understand what happens in the main trend.
After pumping and reaching the goal of $380 (marked earlier), the pullback and the formation of a harmonious butterfly pattern. At the moment the price is in the formation of its second part. The figures marked the potential entry points, depending on your trading strategy and the market situation that arises during the development of the trend in the future.
It is rational to enter the market on the breakdown or rollback after the breakdown of the descending line of the secondary trend, which is resistance of the second part of the harmonic figure. Another option is to dial in parts from the zones of support levels by martingale. When working with this method correctly distribute the volume of potential entry in advance, remember the main thing is the average price of the set, and not to buy off the "bottom".
At a reversal on the undersized amount you can on a breakdown or rollback after the breakdown of the downtrend (if the price has not taken off considerably) to get the position by the pyramiding method, but it is not obligatory.
In very hard times, for very "fat wallets" (not cryptocurrency) like most of anonymous cryptocurrencies, it is very likely that "pumping with stick" will take place in a moment... when there will be "saving money."
Previous closed trade idea for this cryptocurrency: From and to. 51-380
ZEC/USD Main Trend. Breakout. Butterfly. Downtrend triangle
ZEC/USD Local work. Downtrend triangle. Pivot zone
Main trend (part). Timeframe 1 week to understand what happens in the main trend.
After pumping and reaching the goal of $380 (marked earlier), the pullback and the formation of a harmonious butterfly pattern. At the moment the price is in the formation of its second part. The figures marked the potential entry points, depending on your trading strategy and the market situation that arises during the development of the trend in the future.
It is rational to enter the market on the breakdown or rollback after the breakdown of the descending line of the secondary trend, which is resistance of the second part of the harmonic figure. Another option is to dial in parts from the zones of support levels by martingale. When working with this method correctly distribute the volume of potential entry in advance, remember the main thing is the average price of the set, and not to buy off the "bottom".
At a reversal on the undersized amount you can on a breakdown or rollback after the breakdown of the downtrend (if the price has not taken off considerably) to get the position by the pyramiding method, but it is not obligatory.
In very hard times, for very "fat wallets" (not cryptocurrency) like most of anonymous cryptocurrencies, it is very likely that "pumping with stick" will take place in a moment... when there will be "saving money."
Previous closed trade idea for this cryptocurrency: From and to. 51-380
ZEC/USD Main Trend. Breakout. Butterfly. Downtrend triangle
ZEC/USD Local work. Downtrend triangle. Pivot zone
Comment:
A convict followed for Monero. Anonymity will be in vogue today. Breakdown of the resistance of the 31% wedge, which is the second component of the harmonious pattern "Bull Crab" (a kind of butterfly).
Comment:
+71% from 107.31 Price reached the level of 168.44
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