ZCASH is way above the Kumo cloud from 1m until 2h chart.
Green lights for long trades, looks like it will be the winner of the day.
DMI supports upward movement and rising bull strength impression.
Currently slightly getting overbought (Stoch, RSI), so you might wanna wait till the next wave down and then get in and then ride it until:
target 1: 300
target 2: 400
Stop loss: 205
Your likes are welcome, good luck with all of your trades!
Green lights for long trades, looks like it will be the winner of the day.
DMI supports upward movement and rising bull strength impression.
Currently slightly getting overbought (Stoch, RSI), so you might wanna wait till the next wave down and then get in and then ride it until:
target 1: 300
target 2: 400
Stop loss: 205
Your likes are welcome, good luck with all of your trades!
Comment:
If it falls below the 15/30 min Kumo baseline I recommend to take profit.
Comment:
We are currently in a bigger short term retracement, but the longer term picture still looks bullich, it is the first time aftet 1 month that ZEC is coming out of the KUMO loud like this as the 2h chart shows.
After the retracement a next bigger move up could be possible. The trend still looks bullish. I ZEC clearly move up within a week from now...
After the retracement a next bigger move up could be possible. The trend still looks bullish. I ZEC clearly move up within a week from now...
Comment:
if a full candle should fall below the baseline of the Kumo, I wouldn´t recommend long trades though
Comment:
sorry for typo