The price bounces from the uptrend line and RSI confirms price reversal. MACD supports upward movement. If the price breaks the resistance zone formed by SMA100 and 200.00 resistance level, it will be a confirmation of upward movement. Buy orders should be placed above this zone at 205.00 level. Stop orders can be at 165.00 level. Profit targets are 300.00 and 400.00 levels. The part of volume can be left for long run.
Is there any chance it can again climb back to 360-400 in a week? Going by the ZECBTC pair it seems a case of H&S pattern.
penaf
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@DLavrov awesome ride last night it reached the tergets $300 and $400.
themrbrockvond
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this was amazing - thank you @DLavrov you are THE MAN.
sgalal
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looks like we might reach the target
TauCeti
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Hi @DLavrov I really enjoy reading your analyses. Truly masterpiece.
Right now, zec is moving. Is price going to fallow BTC or zec have hes own path? Whats the nexst target?
Any update for zec?