This is one of my current trades. ZECUSD has been holding up really well and bouncing strong off of current BTC down movements. Have two take profit zones, one at previous high around $67.11, and at a long term horizontal line at around $74.95. Around this area I expect some resistance and consolidation. If it can break past this level, next target is around the $115 area.
I Need to work a little on entry as I was at a loss for a little during the drop this week, but have a decent entry with a lot of upside potential.
Trade active
ZCash hit both Take Profit areas. Monitoring to we if we retrace. If we do, I'm looking for an entry in the $62 region.
Note
After further revision, my re-entry price is around the $52 area not $62.
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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.