Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
ZECUSD - Trend Analysis + Gann Fan + Head/Shoulders (SHORT)
Zcash
Short
ZECUSD - Trend Analysis + Gann Fan + Head/Shoulders (SHORT)
By yeeyee2020
Follow
Follow
Dec 24, 2017
3
Cheer
Cheer
3
3
Dec 24, 2017
Not lookin' too good for ZCash here.
Very clear bearish trends. Not even close to the 1/1 retracement angle to be considered at all bullish.
ZCash was overbought heavily at numerous points in recent history, and ZEC is still fighting the inevitable correction.
The uptrend wave on the right shoulder is a bulltrap, and that we're going to see ZCash heavily in the red in the near future.
Trade cautiously!
analysis
Bearish Patterns
FAN
Gann
Technical Indicators
overbought
trend
Trend Analysis
zec
ZECUSD
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
.