Hello guys,
I think we can easily anticipate a ZEC correction here. After the new listing announce, ZEC mooned, fueled by FOMO.
FOMO is now off, traders are taking profit. Even if ZEC stays in a bullish trend, it must correct a little bit more.
A bounce on the middle bollinger band should be a good sign of trend continuation. That's our target !
MACD is about to cross, and volume is decreasing...
First TA for me, I might be wrong. Don't hesitate to comment !
SELL : 350
Buy : 315 - 320
STOP : 360
Low risk trade IMO
I think we can easily anticipate a ZEC correction here. After the new listing announce, ZEC mooned, fueled by FOMO.
FOMO is now off, traders are taking profit. Even if ZEC stays in a bullish trend, it must correct a little bit more.
A bounce on the middle bollinger band should be a good sign of trend continuation. That's our target !
MACD is about to cross, and volume is decreasing...
First TA for me, I might be wrong. Don't hesitate to comment !
SELL : 350
Buy : 315 - 320
STOP : 360
Low risk trade IMO
Trade closed: target reached
315 triggered :)
Disclaimer
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.
Disclaimer
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.