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Located in the ascending channel
Formed figure double top need to follow the line of the neck
There is also support in the form of the rising channel line
Idicators begin to show bearish signals
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot ...
Personally. ill be buying at the support of the wedge. If it breaks through i will begin laddering my buys.
Compared to $ZRX's accumulation prior to Coinbase Pro announcement, $ZEC is following very similar accumulation phase.
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
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ZEC' is also showing a long term bottom formation like many other of the bigger Altcoins. My previous analysis I caught the low in September where we saw a good volume breakout to the upside. Where we saw a good break of the bullish wedge. Even thought the move up fell short, it does not mean the pattern (bottom formation) is off the table. As long as the price ...
Potentially more if coinbase listing
I see Trendlines everywhere
ZEC continues to show strength even when markets have shown some weakness past 2 days
ZEC has moved above a few resistance levels so far but has gotten rejected at the key supply zone
A break above here could yield substantial gains for longs but we could see a pullback before we move up
For bulls, a pullback to the demand zone below would be the ideal spot ...
Let's get this zec run!
Following a double bottom, we're seeing a small 5 wave impulse play out in ZEC/BTC over a the past few days.
Crypto in general is primed for a Christmas miracle of sorts.
Based on Fib lines, current price is likely near top of wave 3.
Short term targets (1 week)
.0223 (wave 5 target 1)
.026 (wave 5 target 2) high water mark if volume supports this ...
Potential Breakout for ZEC
ZCASH has broken out of a downtrend channel seeing an increase in volume and has crossed over the clouds, if this pattern continues expect to go long.
ZEC - Head and Shoulders pattern. Neckline breakout with high volume.
Breakpoint rate: 0.01950600
Take-profit rate: 0.02314850
Profit percentage (%): 18.67%
Breakpoint date : 2018-11-07 17:25:00
Timelimit date : 2018-11-27 17:25:00
Entry risk: -7.87%
ZEC making a Bullish Ascending triangle if breakout this triangle then we can see price move on the next resistance level 0.024500
Stochastic are Also showing Bullish Diversion.
Entry Price- 0.019500
Stop Loss- 0.017500
Let See What Will be Next Move , i hope that Price can fly from the current Price....
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-take profit will be assessed later
another nice area to accumulate for a long run.