Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001673). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ZCash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.001673). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ZCash/Bitcoin ZECBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Discovered a Deep Crab Harmonic Pattern on ZECBTC 1D Timeframe...
Also you can see the reversal candle stick pattern at the pivot...
Potentially it can raise up to 0.618 Ret level that is 0.0045 BTC...
Watch this pair and set your trigger point...
Zcash had its first halving in November 20. Its feature for shielded transaction (and also transparent) does currently not get nearly as much credit as it deserves. As the crypto market is nascent and still very inefficient, people will soon realize the sheer power of this which will eventually be priced in. It's backed by large entities such as an Amazon...
Zec just took out last year's low and quickly reclaimed range lows.
- Seems to have broken the short-term bearish structure as well and the volume is picking up.
- If we can make a higher low around the daily block, I'll take a long and look to take it till mid-range as per the setup in the chart.
Context matters so I will keep a close eye on how this one...
