A trading opportunity to buy in ZECEURTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (161 to 123). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (161)
Ending of entry zone (123)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 192
TP2= @ 217
TP3= @ 247
TP4= @ 312
TP5= @ 358
TP6= @ 386
TP7= @ 464
TP8= @ 598
TP9= @ 649
TP10= Free
Zcasheur
A Long-Term Trading Opportunity To Buy in Zcash/Euro ...Technical analysis:
. ZCASH/EURO is in an uptrend and continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (259 to 222). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (259)
. Ending of entry zone (222)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 312
TP2= @ 358
TP3= @ 396
TP4= @ 464
TP5= @ 598
TP6= @ 649
TP7= Free
