ZECUSD Potential to rise from here
Updated
Target 1= $250
Target 2= $300
Target 3= $360
Target 4 - 450
Target 5 - $550
A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging
This is also contingent on behaviour of BTC between now and Aug 14th
Just my observation.
Hoping $162 is the bottom and it survives a 2nd test.
Will be keeping an eye on the MACD and PSAR and RSI on longer time frames to confirm break.
If we can get Above $250 within next week - this would be a good sign
Target 2= $300
Target 3= $360
Target 4 - 450
Target 5 - $550
A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging
This is also contingent on behaviour of BTC between now and Aug 14th
Just my observation.
Hoping $162 is the bottom and it survives a 2nd test.
Will be keeping an eye on the MACD and PSAR and RSI on longer time frames to confirm break.
If we can get Above $250 within next week - this would be a good sign
Note
I welcome your thoughts and comments.Note
.....I am still in this trade:)
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