🎯 Trade AWAIT ...
Setup Type: Trend Reversal | Timeframe: Daily | Bias: Bullish 🚀
Entry Zone: $327 (BUY)
Take Profit: $486 (+48% gain)
Stop Loss: $298 (-6% risk)
Risk/Reward Ratio: 1:5.5 ✅
_______________________
📈 Technical Overview
ZCash has completed a classic corrective pattern after the November rally, forming a descending channel with strong support around $298-$327. Price action shows decreasing selling pressure with bullish divergence building on lower timeframes.
🔑 Key Insights
The projected wave structure suggests a powerful impulse move targeting the $486 zone, coinciding with the 0.618 Fibonacci extension. The rectangular consolidation zone acts as a springboard for the next leg up, with volume declining during the correction—a textbook accumulation phase.
⚡ Strategy
Conservative entry at current support with tight stop below recent lows. The asymmetric risk/reward makes this an attractive swing trade opportunity. Watch for volume confirmation on the breakout above $360 for trend validation.
FOLLOW FOR MORE ..
Setup Type: Trend Reversal | Timeframe: Daily | Bias: Bullish 🚀
Entry Zone: $327 (BUY)
Take Profit: $486 (+48% gain)
Stop Loss: $298 (-6% risk)
Risk/Reward Ratio: 1:5.5 ✅
_______________________
📈 Technical Overview
ZCash has completed a classic corrective pattern after the November rally, forming a descending channel with strong support around $298-$327. Price action shows decreasing selling pressure with bullish divergence building on lower timeframes.
🔑 Key Insights
The projected wave structure suggests a powerful impulse move targeting the $486 zone, coinciding with the 0.618 Fibonacci extension. The rectangular consolidation zone acts as a springboard for the next leg up, with volume declining during the correction—a textbook accumulation phase.
⚡ Strategy
Conservative entry at current support with tight stop below recent lows. The asymmetric risk/reward makes this an attractive swing trade opportunity. Watch for volume confirmation on the breakout above $360 for trend validation.
FOLLOW FOR MORE ..
Trade active
ORDER DONE AT 327.... NOW WE WAIT CONFIRMATION ABOVE 360 ..
THEN WE WILL CHANGE STOP LOSS AT BE..
Note
ITS 22% profit now .. change stop loss to BE .and ENJOY
Note
UPDATE HERE 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.