QubitLife

ZECUSD: Downtrend (11.09.2020)

Short
BITFINEX:ZECUSD   Zcash / U.S. Dollar
On D1, the cloud is directing downward, indicating a downtrend.
On H4, the price fluctuates around the cloud, which indicates the formation of a correction.
Besides, on H4 and H1, the correction model in the form of a triangle is visually well visible.

We recommend selling on the breakdown of the downward correction model boundaries, or in case of false growth to the level of 68 (when RSI will reached overbought level on H1 and H4).

Comments

Good work
+2 Reply
GoodWork
+1 Reply
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