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TomKirk
Aug 11, 2018 5:02 AM

ZECUSD next leg down behind Alts Short

Zcash / DollarBitfinex

Description

-9 Week horizontal range
-Significant $150 handle
-Responsive 50SMA on the daily with imminent 50/200SMA crossover on H6
-Measured move 68.47

30 basis points of risk planned
Orders not entered over weekend in thin markets

Comment

Sell stop order @ 146.87
SL @ 162.58
TP @ 70.06

Trade active

Order filled

Comment

Could this spell larger implications? The complete failing of this coin perhaps?

Comment

Stop @ 147.57
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