Long position: Buy: 250$ Stop-loss: 240$ Targets: 270-280$
Zcash was consolidating for a long time since 10th of February till 1 week ago. That would be more than 100 days consolidation. Now, after longer consolidation and after regaining 50% in 30 mins time on the 14th of May its was more than clear that Zcash is trying to push up. Made an uptrend from 0.02 Uptrended from 0.0292 touched 0.0456 mark and retraced, but...
Again a short position: Sell: 360 Buy: 315 Stop-loss: 380
Short position: 375 sell Target: 330 buy Term 1-2 day
This spot looks interesting for buying. Falling wedge should give us some action. Breaking from the wedge doesn't mean a move up but we should pay attention to it. Current price looks like a bottom and it is a good time to start accumulating. I bought 25% of my Zcash trading accocation here at $180. I will add 25% more it falls to $160 and another 50% on $148....