The price returns above 300.00 level and SMA100. It can be a signal that the uptrend will be continued. The daily chart gives us a bullish signal. Based on the 4H chart we can see that RSI confirmed price reversal and MACD supports upward movement. It's trading opportunity. Pending orders for buy can be placed at 322.50 level with stop at 252.00 level. Profit...
It seems that it broke the resistance. Hiekin Ashi looks a bullish trend. Also, 3d and 1w RSI looks good. It could touch both old resistance areas.
Still bullish, refer to the last two posts for reference. If anyone knows how to update ideas with charts please message me. Thank you!
The idea is formed only from those figures and levels. Without the news fund
As title Zcash breakout, 2 targets presented with technical analysis. Taking a long position on the break of current resistance and place your stop below it. Risk reward makes me LOVE this trade.
bearish flag - It is my vision.
Long-term consolidation has led to a break out of a falling wedge with strong volume. Optimal entry would've been at the end of wave 4, however, there is still plenty of profit to be made.
Let's look at 4h chart of ZCash. On the chart we can see that price is in a very important zone now. From the bottom the market is supported by the uptrend line and the support level. For confirmation that the market is going to move upward, we'll need a price breakout out the channel.The downtrend line is a barrier for possible upward movement, the direction of a...
Zcash is showing an inverse Head & Shoulders and is trying to clear a major resistance at $307. Taking profit at $358 to be safe. If there is upside, $320 is way too conservative.
The market is in the uptrend and we have to search for buy opportunities. MACD and DMI support upward movement and we can trade based on a breakout signal above 300.00 resistance level. If the price can break this resistance, we'll get an additional signal confirming the upward movement. Entry level is 302.00 with stop orders at 283.80 level. Profit targets are...
Standart "Rocket" pattern: go after confident brokeout. Use Supply zones as targets.
The price can bounce from the support zone formed by SMA50, SMA100 and the uptrend line. If the market moves above 250.00 resistance level and the previous high, it will be a confirmation of further upward movement. We can place pending orders for buy above this high at 251.80 level. Stop orders must be placed below the previous swing low at 225.50 level. Profit...
Price brokeout R-resist(S1 now) then formed Head&Shoulders pattern. Now ZEC brokethrough the N-neckline. Waiting for Head length price target to succesful H&S pattern perfomance! (270-275$ appr.)
ADX line of DMI indicator rises above 20 level and it gives us a confirmation of trend market conditions and a new upward movement. The local high is above the cloud and it can be used as a level for placing pending orders for buy. If the price breaks the downtrend line and moves above the local high, we'll get an additional confirmation that the market is going...
The market moved above 220.00 resistance level. A new swing low allows us to draw an uptrend line. Based on this new uptrend line we can consider that the market is going to move upward. RSI confirmed price reversal. MACD histogram supports upward movement. ADX line starts falling and it tells us that the bears are not so strong now. If the market breaks the...
Triangle is bilateral pattern. i'm expect rise, but fall are possible too