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Zcash / Bitcoin

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ZEC/BTCBitcoins halving has finally occurred. I expect BTC to calm down for the upcoming days and altcoins may finally rise again in price. Most altcoins have been heavily dumping and broken most major supports. ZEC, which is one of few which still hold the pivotal support as you see in the chart, is my first pick for the upcoming altcoins bounce. Besides the potential, we also have a clear stoploss around 450K sats. In the 4h timeframe that I post below the comment section, the price has broken the descending line and then retested it perfectly. Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
by TheKops123
1
Don't miss the great buy opportunity in ZECBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0057). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . 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 dynamic support. . The RSI is at 68. Take Profits: TP1= @ 0.00736 TP2= @ 0.00987 TP3= @ 0.01258 SL= Break below S2
Long
by ForecastCity
10
Don't miss the great buy opportunity in ZECBTCTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0057). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . 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 dynamic support. . The RSI is at 68. Take Profits: TP1= @ 0.00736 TP2= @ 0.00987 TP3= @ 0.01258 SL= Break below S2
Long
by ForecastCity
12