mkrivobarski

Thoughts on direction

Long
mkrivobarski Updated   
KRAKEN:ZECUSD   Zcash
ZEC never got into my buy zone and I kind of missed this breakout, but just a thought on where it can go short term.
Comment:
Seems it's on, if breaks 260 it may stall at ~280 where it meets the cloud unless there is a push with volume, I guess. But this may be a B wave correction, so going back down to ~200 is likely as well.
Trade active:
Planning go long if it takes a retrace to 240 for a ride to 280, stop-loss at 230.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.