ZEC Bull Triangle
Daily Stoch: On Bottom, Blue Stoch stopping the fall.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.
Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.
Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.
Possible Targets
1ST: $89
2ND: $93
3RD:$101
Possible Stop Loss
Under EMA 50: $64
This is not a recommendation, just my view.
Never forget to see what's happening with
BTCUSDT, cause alt coins trend to follow their movements but with other volatility.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.
Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.
Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.
Possible Targets
1ST: $89
2ND: $93
3RD:$101
Possible Stop Loss
Under EMA 50: $64
This is not a recommendation, just my view.
Never forget to see what's happening with
BTCUSDT, cause alt coins trend to follow their movements but with other volatility.
Disclaimer
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