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MBM_Crypto
Jul 6, 2021 10:20 PM

This July ZEC will see a bigger move! Β Long

Zcash / TetherUSBinance

Description

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Here's a quick look at ZEC 4 hr chart. As we can see, the price has printed a bigger descending triangle and we should see a bigger move this July. Here's a setup that shows you how to trade it. The best entry would be, when the price breaks above the triangle with good amount of volume .
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The idea is: Buy the breakout from the triangle and take profits at the levels shown in the chart.
Targets:

1. 154$
2. 167$
3. 184$

- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Comments
InkyGrip
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Great analysis, thanks for sharing 🦐
MBM_Crypto
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You’re welcome πŸ˜‰
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