With some volume, we can see ZECUSD climbing to recent highs. Begin scaling into position in the 160-170 area and keep adding until BTCUSD stalls. Alts will typically pick up momentum soon after. I have a position since 92-94.
Wait until it break over 22.5. Manage your risk after. Targeting 24.5 and 29. This one is a bit tough since there isn't much historical data.
Stop Loss set at $19.5
Lot of Altcoins are presenting us with a bullish triangle pattern. However, volume has dissipated as BTC/ETH/LTC have regained some momentum. As volume begins picking up, we can continue our upward climb. Have position from 0.04XX.
If it breaks down, it should hold at 0.07 or hold at the 0.0666 which corresponds to the 8dma.
This is not advice, this is strictly for practice purposes. I have built up to 85 shares, while buying in the $8.15-8.50 area. I will cut this thing loose if we close under 8 on the weekly. It's held relatively well the last few days above the breakout zone of 8.15.
Inverse head and shoulders has formed throughout the years. Easily identifiable in the monthly...
