I see a bullish gartley pattern and expect a pull back to 55.85 for Zerocash. If it breaks yellow resistance in a bullish way, it can continue to its grow.
Have a nice day,
It's already tested the underside if the trendline and rejected on the 4 hr. The 50 MA Could keep it afloat instead of a full rejection.
It's at the "CrossRoads" on the the 15 min chart
I'm wait for another retest before I take action. Then I'll be watching the 4 HR 50 MA. Just a heads up
Today’s analysis – ZECUSDT – breaking above key dynamic resistance with a retest, a move to swing high is plausible.
Points to consider,
- Weekly S/R respected
- Dynamic Resistance (retest)
- 200 EMA support
- RSI respecting midpoint
- Swing high target
ZECUSDT has respected weekly S/R which allows us to have a bullish bias on the market....
ZECUSDT - LONG - TARGET: 17.13%
Entry - 62.74
TP1 - 66.82
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there & Your investments are your responsibility.
Sometimes we focus on too much details and forgot basic fundementals..
- Here we have 200 days MA work as good support. The last time price go below 200 MA was in 10th March took just 1 month.. 200 days moving average is key level for ZEC.
- Sto RSI started to turn out positive
- Price was at the highest $102,74 on 6th August ( Top price)
- Price was at the...
As you can see on the chart EngineeringRobo and I are neutral at the moment.
If you are currently holding ZEC at the moment, hold and pay close attention to EngineeringRobo sell signals or if you are more conservative, sell at the support level
If you are planning to buy, look out for Engineering Robo Buy Signals, or you can buy at the support level...