#KMD/BTC 1D (Binance) Descending wedge breakout and retestKomodo bounced back on 50MA support printed two morning stars in a row, seems to be ready for another leg-up.
⚡️⚡️ #KMD/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 6.2%
Current Price:
0.00000835
Entry Targets:
1) 0.00000831
Take-Profit Targets:
1) 0.00001097
Stop Targets:
1) 0.00000698
Published By: @Zblaba
ASX:KMD BINANCE:KMDBTC #Komodo #PoW komodoplatform.com
Risk/Reward= 1:2
Expected Profit= +32%
Possible Loss= -16%
Estimated Gaintime= 3-6 weeks
Equihash
$ZEC/USDT 3D (Binance Futures) Adam & Eve breakout and retestZcash is pulling back towards 50MA support where it is very likely to bounce and resume the up-trend.
Current Price= 171.00
Buy Entry= 170.90 - 153.90
Take Profit= 227.44 | 305.44 | 420.52
Stop Loss= 129.65
Risk/Reward= 1:2 | 1:4.38 | 1:7.91
Expected Profit= +40.14% | +88.19% | +159.10%
Possible Loss= -20.12%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: z.cash
Contracts:
#Mainnet
#BEP20 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb
#BEP2 ZEC-93E
ZECASH is undervalueZcash is one of the cryptocurrency that I hold in the highest estimation.
Before following, the purpose of this analysis is to demonstrate with the Technical Analysis some of the possibilities bringing a complementary study on this asset.
Being useful for you and also if you have liked to tighten the LIKE, comment and share.
Next, ZECASH is in a very large asymmetry, not making clear a pattern.
But we see here in the daily graphic, when the price returns to work above the U$50 it reacts by making bullish movements, but it still can't get out
of resistance.
So here we are presume that it is at the beginning of a potential wave 3 projected to go up to over 200 dollars.
As I said the price is quite asymmetrical, so it is a bit more difficult to control the risk.
On the other hand I see the price going inside a rising channel .
A very strong movement should happen in case it breaks the returning line of this channel.
Anyway, for those who believe in an Altseason, ZEC is a good bet and can give returns of more than 1000%.