ForecastCity
Long

A Long-Term Trading Opportunity To Buy in Zcash/Euro ...

THEROCKTRADING:ZECEUR   Zcash / Euro
Technical analysis:
. ZCASH/EURO is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.

Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (259 to 222). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

. Beginning of entry zone (259)
. Ending of entry zone (222)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 312
TP2= @ 358
TP3= @ 396
TP4= @ 464
TP5= @ 598
TP6= @ 649
TP7= Free
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