ZECU17 ZECBTC 1D CHART ZCASH FUTURES ENTRY SIGNALZECBTC -5.56% , currently on an uptrend channel , and bouncing from support zone , sets the possibility to open a Futures contract. Leverage and volume must be safe according to the portfolio holdings.
Current market conditions could lead to Range instead of a Trend Reversal, so Target, must be flexible. This is an early attempt to go long. You could also wait for further confirmation of price reversal.
Make sure liquidation is under support according to your leverage.
Fibonacci Retracement levels from May-June rally are also shown considering daily close.
A first target is shown in the graph at 0.093. Opening a limit-sell position of a percentage of your contract could be useful to break even early if market´s volatility within the rising channel joins our team.
On weekly trend, Stochastic RSI is moving north with plenty of room, and on a good volume .
Comments, and opinions welcome.
WNZ
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