The pair is now trading in an uptrend after breaking the descending trend line and the supply zone, and is also trading above the EMA 200, which is expected to rise to 55.60 then 57.20
ZEC Long from 52.3 up to 57, Short 65 down to 59. It's better to lock in a fast profit so that I can compound my account than to try to hit home runs and end up liquidated
Looking for the wicks to be filled during the next pump. Targeting 165 to 170.
If the wicks get filled and price doesn’t continue to the upside, 165/170 would be a lower high on the weekly time frame.
What does everyone think?
The following content is machine translation:
In the 1-hour chart, after breaking through the 70 resistance, it pulled up and stepped back to 70 and continued to rise sharply to 82. At present, it has formed a double-headed decline near 82, and there is support at 75.
The top of the indicator macd diverged from the bearish trend and the top of the RSI indicator...
Hi guys, this is what i see on Zec comparing whith previous bear market.
Maybe will be similar maybe not, for now everything seems equal.
Let's see in the coming weeks.
Zcash (ZECUSD) broke today above its 1D MA100 (green trend-line) for the first time since April 29. Coupled with the emerging Bullish Cross on the 1W time-frame, this is most likely a bullish extension signal, targeting the 1D MA200 (orange trend-line) and the 0.618 Fibonacci retracement level (122.00).
It would be best to wait for a 1D candle close above the 1D...
The following content is machine translation:
In the 4-hour chart, since mid-June, it has repeatedly tested the resistance near 70 and has fallen back. It has now broken through the 70 resistance mark and is rising.
The bullish trend of the indicator macd refuses to fork, the RSI indicator reaches the overbought area, and the bulls are strong.
Summary: The...
The following are machine translations:
In the 4-hour chart, the front head and shoulders fell, forming a downtrend line.
Indicator macd golden fork, RSI indicator rose from the oversold zone.
Summary: The pattern rebounded from the previous low and reached the downtrend line, and the indicator was golden fork and uptrend. It is expected to break through the...
