Analysis shows a good opportunity on Zcash (ZEC)
Updated
Analysis shows a good risk/reward opportunity in Zcash.
For all the traders out there: consider reducing your normal trade size.
Market have no volume and it is getting more difficult to make educated guesses by the day.
Chart does not contain theoretical stop levels and risk/reward ratio. It is educational piece only.
If in doubt, you can PM me.
For all the traders out there: consider reducing your normal trade size.
Market have no volume and it is getting more difficult to make educated guesses by the day.
Chart does not contain theoretical stop levels and risk/reward ratio. It is educational piece only.
If in doubt, you can PM me.
Order cancelled
Break above 490/500 zone did not materialize. Price is now going down. There was a negative RSI divergence present. It shows how important it is to always wait for confirmations of chart patterns.
Great job!
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