ZECBTC trade ideas
ZECBTC Cup&HandleYesterday you could have seen how the price was pumped up to 0.0222. The price fell dramatically and quickly and have consolidated. Indicators switch to bullish state at the 2-hours timeframe. Ichimoku cloud zone acts like a strong support, while price movement occurs at the upper edge of the Bollinger Bands
We can see Cup and handle patter was formed. We recommend this trading opportunity in the short term. Safe buying zone is between 0.0193 and 0.0198
$ZECThis Coin has been amazing to trade the past few months. Super simple Buy the Green sell the red. Also this has been an awesome range at the bottom of a down trend and ATL. Could be accumulation for the real party. but until the top blows off this range the plan is simple buy green sell red. coinbase could be some feul to bust the top of the range
ZEC longterm potentialIf you are looking for a coin to invest in ZEC is the one. It might seem overbought now due to Coinbase listing but it is only a beginning. At least 20 more % will follow. Check out the week chart to see the big picture. Price is crossing important descending trendline. And it points just exactly to where we are now. It can't be just a coinsidence, not in charting.
ZECBTC has finished bearish Bat and bullish CypherOn day chart ZECBTC has completed 1st bearish Bat and then a bullish Cypher however in both patterns it has entered in buying zone.
The oversold condition of RSI and stochastic is also in favor of bullish divergence soon.
Targets are mentioned on charts.
Regards,
Atif Akbar (Moon333)
ZECBTC - The Main ChartI fully believe in ZEC to have a bright future in the cryptosphere. This coin is, from my point of view, the best coin to invest in at the moment.
I'm expecting to reach the target in the long term. I will, however, be trading the swings to maximize my ZEC stack until then.
I'll be updating my trades from time to time based on this main chart.
All the best.
You can follow my track record here: anotherbot.info
My twitter: twitter.com
Contact me for more information.
Zcash - ZEC pattern movementDaily chart showing a formation that is happening, starting with a leg down before going back up.
IMPORTANT NOTE:
-There is a possibility that ZEC will be added to coinbase, which might pump the price up earlier than expected and invalidate this chart.
-The BAKKT release date is also coming in decemer which will slowly start hyping the BTC price up -> which indirectly also will kickoff ZEC.
(This is not financial advice, this is a volatile market where anything can happen)
ZEC Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.