DLavrov
Long

Zcash Buy Opportunity

POLONIEX:ZECUSDT   Zcash / Tether USD
The price returns above 300.00 level and SMA100. It can be a signal that the uptrend will be continued. The daily chart gives us a bullish signal. Based on the 4H chart we can see that RSI confirmed price reversal and MACD supports upward movement. It's trading opportunity. Pending orders for buy can be placed at 322.50 level with stop at 252.00 level. Profit targets are 360.00 and 400.00 resistance levels. The part of trade volume can be left for long run.
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Hitted 350$ and drop down, do you still consider 360$ as a target? @DLavrov
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I cant understand your means : The part of trade volume can be left for long run.
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Thanks sir it really wroks
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How do you set pending buy orders on Poloniex when price is lower than target (i.e. above with current price at 321 and suggested pending order at 322.50)?
+1 Reply
Tmoran vorwaller12
@vorwaller12, Use the stop-limit order. Place the stop 322.50 and the limit at something like 322.6. When the price hits 322.50 your order will be created and fill. The higher your limit order the more certain you can be that it will fill. Note: it fills at the lowest possible price, so even if you put in 325, you would buy up all the 322.xx until your money runs out.
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@DLavrov Would you agree that we will have upcoming btc downtrend? Therefore Zcash will drop also (it will be pulled back) by btc volatility bellow 300 level or less.
Regards

+2 Reply
Thanks you so much
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I really think very similar to you.. Thank you @DLavrov
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Thanks for your guidance sir..
+1 Reply
Thank you for your analysis and time helping others, Dmitry!
+1 Reply
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