The price bounces from the support zone. RSI confirms price reversal. MACD histogram supports upward movement. We have a good buy opportunity. Pending orders for buy can be placed at 500.00 level with stop orders at 385.00 level. Profit targets are 700.00 and 1000.00 levels.
ZEC is in a trend between fibonacci lines. It will follow the trajectory of the green arrows, unless another btc crash happens. It's also possible that ZEC immediately goes to the 615 usd fibonacci line. However 560 usd is a strong resistance, so it's likely that it retests 500 first before going past it. RSI supports upwards movement. If I made you money,...
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The trading idea is based on a breakout above the local swing high and continuation of the main uptrend. The price rose above SMA20 but now the market forms a new swing high. RSI confirms possible price reversal. MACD lines still give bearish signal and we should be ready to see a short term downward movement to the uptrend line and SMA50. But what if the market...
Break above 504 would trigger a long break out target shown.
My last target was even topped. I saw ZEC at 650 USD (old Fibo 1.62). In the end, we reached USD 730. A good performance. What is the next development now? According to technical analysis, we see two trend channels: One that goes straight up and hits the new Fibo 1.62 at 1,000 USD. And a second trend channel that is slightly flatter. It hits Fibo 1.62...
Look! A rising wedge!!! Price is expected to break downward. A support line might catch it and try to push it back up, but it should continue downward. RSI also showing rising wedge. MACD is showing consolidation.
Lets be careful because BTC could rise hard again because of that lets use tight stop loss. Potential Re-buy levels 0.0255 - 0.0235 S/L: 0.019-.0.017 One of Best Exchanges in Crypto ------------------------------------ Ref : www.binance.com For Helping Me Publish More Charts ------------------------------------------- BTC :...
Standart rocket pattern impulse-correction-impulse Brokeout of resist
Price channel that has been verified by 123 rule. If it holds true, price will begin to drop to bottom of channel at $367 then rise back up, unless it breaks the resistance, which is unlikely because of overbought conditions shown on RSI.
The price bounced from the support level and RSI confirmed price reversal in the oversold zone. MACD supports possible upward movement. DMI is bearish but ADX line starts falling and it allows us opening long trades. We can place buy orders above 300.00 level and use a breakout above this resistance as a trading signal. Stop orders must be placed below the local...
The price is going to bounce from 300.00 support level. RSI confirms price reversal. MACD supports upward movement and DMI allows opening long trades. It's a new trading opportunity. Pending orders for buy should be placed above 320.00 resistance level. Stop orders must be placed below the local swing low at 274.00 level. Profit targets are 360.00 and 400.00 levels.
When amplifying the pulse, we form the fifth wave in the Elliott wave