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ZECUSDT Perpetual Contract
Long
Updated

#ZECUSDT #1h (ByBit) Falling broadening wedge breakout

500
Zcash regained 50MA support and broke out bullish on hourly, looks good for short-term recovery towards 200MA resistance and more.

⚡️⚡️ #ZEC/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (10.0X)
Amount: 4.8%

Current Price:
49.41

Entry Targets:
1) 48.62

Take-Profit Targets:
1) 52.63

Stop Targets:
1) 46.61

Published By: @Zblaba

CRYPTO:ZEC ZECUSDT.P #Zcash #Privacy z.cash

Risk/Reward= 1:2.0
Expected Profit= +82.5%
Possible Loss= -41.3%
Estimated Gaintime= 2-3 days
Trade active
ZECUSDT.P All entry targets achieved
Average Entry Price: 48.62 💵

ZZEC pulled back to entry and is bouncing nicely so far.

snapshot
Trade closed: stop reached
ZECUSDT.P Stop Target Hit ⛔
Loss: 41.341% 📉

ZZEC lost 50MA support after all, leading to more downtrend.

snapshot
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cryptofibretracementMoving AveragesprivacyRelative Strength Index (RSI)Support and ResistanceWedgezcashzecZECUSDT

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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.
cryptofibretracementMoving AveragesprivacyRelative Strength Index (RSI)Support and ResistanceWedgezcashzecZECUSDT
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Also on:

Related publications

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.