ForecastCity_EU

A trading opportunity to buy in ZECUSD

Long
BITFINEX:ZECUSD   Zcash / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (48.84). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ZECUSD is in a range bound and the resumption of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.

Take Profits:
TP1= @ 64.07
TP2= @ 75.60
TP3= @ 115.25

SL= Break below S2
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