ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW) Why get subbed to to me on Tradingview?
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ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZECBTC daily chart review/outlook
::: bear flagging on daily
::: 6500 heavy mirror S/R level
::: shorting from overhead is great
::: BEARS will target re-test of 4500
::: 30% downside / gains on sell side
::: seek to SHORT HIGH
::: chart currently transitioning into BEAR
::: mode so just adopt to new strategy
::: let's take it one step at a time though
::: recommended strategy: SHORT HIGH
::: short near 6500 TP bears is 4500 USD
::: SHORT/HOLD setup / swing trade setup
::: for patient traders only / no fast gains here
::: re-test of 4500 required now to complete
::: the sequence for the BEARS
::: BULLS should seek to reload near 4500 USD
::: TP bulls is 60% gains later BUY/HOLD
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: RANGE/MIXED
Trade ideas
ZEC/BTC (Major Support Tested?)BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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ZECBTC FOR SHORT
O.0063 STOP LOSS
TAKE PROFIT Take profit 0.0065
USE A GOOD RISK MANAGEMENT FOLKS
FOR LONG WAIT FOR A CLEAR CONFIRMATION
0.001 FOR 100$
0,002 FOR 200$
0.001 FOR 1000$
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Long ZECBTCQuick trade on BINANCE:ZECBTC , showing bullish price action, broke out of the downtrend an forming bullish head and shoulders pattern.
Buy now at around 0.0072 to target 0.00758 first target and 0.00789 second target, stop at 0.007.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!






















