(multi time frame analysis) ZEC/USDT bullish movement explained!
Hi every one
ZCASH / TETHERUS
In this multi time frame analysis we want to analyze ZEC/USDT to understand the situation!
first chart is in daily time frame and also we an ascending triangle in an ascending channel with a hidden bullish divergence(+HD) both on MACD and RSI indicators!
second chart is in the 6 hours time frame with a symmetrical triangle which the break out has already happened! so the price is ready increase as much as the measured price movement!(AB=CD)
the third chart is in 4hours time frame with a reversed head and shoulder and this pattern's neckline has already been broken so the price can increase!
and lastly we have the 1 hour timeframe which we can see that the The 20,50,100 and 200 EMAs are separated and are in order from small to big! this means the trend can still continue!
with all these signals we can come to a conclusion that the bulls are much stronger than the bears and the bullish trend is far from over!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ZCASH / TETHERUS
In this multi time frame analysis we want to analyze ZEC/USDT to understand the situation!
first chart is in daily time frame and also we an ascending triangle in an ascending channel with a hidden bullish divergence(+HD) both on MACD and RSI indicators!
second chart is in the 6 hours time frame with a symmetrical triangle which the break out has already happened! so the price is ready increase as much as the measured price movement!(AB=CD)
the third chart is in 4hours time frame with a reversed head and shoulder and this pattern's neckline has already been broken so the price can increase!
and lastly we have the 1 hour timeframe which we can see that the The 20,50,100 and 200 EMAs are separated and are in order from small to big! this means the trend can still continue!
with all these signals we can come to a conclusion that the bulls are much stronger than the bears and the bullish trend is far from over!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
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t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
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