ZEC-BTC Binance - bearish divergence
Chart is self explanatory. ( I don't like ultra cluttered noob charts with every indicator )
On 4 hr chart we can see a higher high on price action but a lower high on RSI aka - bearish divergence
So you can sell your zcash (if you wish :) and buy back at 0.017428 around 6.5% profit.
Stop loss above 200MA.
Remember this is a swing trade so it may take some time and could get affected by BTC volatality.
If you have any questions ask in comments.
Happy Hunting.
Note- This is not a financial advice trade at your own risk.
On 4 hr chart we can see a higher high on price action but a lower high on RSI aka - bearish divergence
So you can sell your zcash (if you wish :) and buy back at 0.017428 around 6.5% profit.
Stop loss above 200MA.
Remember this is a swing trade so it may take some time and could get affected by BTC volatality.
If you have any questions ask in comments.
Happy Hunting.
Note- This is not a financial advice trade at your own risk.
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