TradingView
MyCryptoParadise
Oct 30, 2023 1:19 AM

ZEC/USDT bullish horizons? 👀 🚀 ZEC Today analysis Long

Zcash / TetherUSBinance

Description

â‹…
💎 Paradisers, turn your attention to ZECUSDT as it exhibits a notable trajectory, consistently maintaining momentum above the EMA, suggesting a heightened likelihood of a bullish trend.

💎 Our recent analysis indicates its touch on the descending trendline, now serving as a foundational support, prompting a bullish direction. An immediate projection suggests the asset might approach the supply level of 29.28.

💎 If the momentum remains intact, a subsequent challenge to the next supply zone is on the horizon, especially with its steadfast position above the EMA200, amplifying the bullish perspective.

💎 On the flip side, should the outlined scenarios not come to fruition, there's a potential for the asset to chart a bullish course from the 27.49 mark. However, any breach below this could pave the way for a descent to the support level.

Trade closed: target reached

â‹…
💎 Spot on again! #ZECUSDT has climbed 15.18%!

Comment

â‹…
Comments
Arazmajeed
â‹…
impressive idea keep going on
More