ZECBTC trade ideas
ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW) Why get subbed to to me on Tradingview?
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ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ZECBTC daily chart review/outlook
::: bear flagging on daily
::: 6500 heavy mirror S/R level
::: shorting from overhead is great
::: BEARS will target re-test of 4500
::: 30% downside / gains on sell side
::: seek to SHORT HIGH
::: chart currently transitioning into BEAR
::: mode so just adopt to new strategy
::: let's take it one step at a time though
::: recommended strategy: SHORT HIGH
::: short near 6500 TP bears is 4500 USD
::: SHORT/HOLD setup / swing trade setup
::: for patient traders only / no fast gains here
::: re-test of 4500 required now to complete
::: the sequence for the BEARS
::: BULLS should seek to reload near 4500 USD
::: TP bulls is 60% gains later BUY/HOLD
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: RANGE/MIXED
ZEC/BTC (Major Support Tested?)BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
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ZECBTC FOR SHORT
O.0063 STOP LOSS
TAKE PROFIT Take profit 0.0065
USE A GOOD RISK MANAGEMENT FOLKS
FOR LONG WAIT FOR A CLEAR CONFIRMATION
0.001 FOR 100$
0,002 FOR 200$
0.001 FOR 1000$
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