ZECBTC trade ideas
Long ZECBTCQuick trade on BINANCE:ZECBTC , showing bullish price action, broke out of the downtrend an forming bullish head and shoulders pattern.
Buy now at around 0.0072 to target 0.00758 first target and 0.00789 second target, stop at 0.007.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
ZEC HALVING APPROACHESHello, I missed this completely unexpected mini run (at least for me). However, the upside potential is still big as the Halving approaches (as of now it is expected on the 17th of November. Let's wait for a pullback to the 0.007 area to enter or for a decise breakup above the turquoise rectangle identifying a very important support/resisntence area in the last year. Target to be defined later on, when we will know which of the two scenarios will occur.
$ZEC, Crossing over ~816k sats resistance level w/ volume...$ZEC
Following the /USD analysis..
Crossing over ~816k sats resistance level w/ increasing volume (UCTS also showing Buy signals at multiple timeframes)
12H showing a potential R/S flip signaling continuation
As targets, ~.01 sats(~20%) doesn't look crazy from here...
#ZEC
ZECBTC is attempting to break weekly resistance 🦐ZECBTC is attempting to break weekly resistance.(left chart)
IF the price breaks it (4h hour chart on the right), we will wait for a pullback According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ZECBTC - Good-looking pairZCash - BTC pair looks good here, it's trying to fly out of year's long range and doing it successfully.
The obvious near-term target is 0.0086 BTC, and if it succeeds to hold above then retest of 0.01 BTC and even 0.015 BTC is could be near the corner.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support lines again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
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ZECBTC Update: Profit=8750 SL=1990 Reward/Risk > 4.4:1 Trade Setup summary:
Profit targets=8750 pip (750 + 1250 + 1750 + 2050 + 2950)
Stop Loss =1990 pip
Reward/Risk > 4.4 : 1
Current Status:
Total Profit: 1924 pip
Closed trade(s): 1924 pip Profit
Open trade(s): 0 pip Profit
Trade Setup:
We opened 4 BUY trade(s) @ 0.005494 based on 'previous Forecast' at 2020.06.21 :
Closed Profit:
TP1 @ 0.005600 touched at 06.23.2020 with 106 Profit.
TP2 @ 0.005800 touched at 06.23.2020 with 306 Profit.
TP3 @ 0.006100 touched at 06.24.2020 with 606 Profit.
TP4 @ 0.006400 touched at 06.24.2020 with 906 Profit.
106 + 306 + 606 + 906 = 1924
Technical analysis:
. ZECBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
New Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (0.007250) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
New Take Profits:
TP1= @ 0.008000
TP2= @ 0.008500
TP3= @ 0.009000
TP4= @ 0.009300
TP5= @ 0.010200
SL= Break below 0.006852
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ZECBTC | Closing Above 50W EMAThe price of BINANCE:ZECBTC looks quite bullish after closing above 50W EMA (green trend line ) after quite a while.
Two possibilities: -
1. Buying the coin above the support when the price retests ✅
2. Or, buying it when the price breaks the resistance ✅
Both the possibilities have a good profit margin! 🎯
Thank you for reading, hope you have a good day!
ZEC could pop up if resistance is brokenZEC pushing on the resistance line. Since I haven't been in this trade I'm waiting for it to hold this resistance before I get in as this could turn around and fall back. Looking pretty good with all of the supports being tested up. However, it could lead to an elevator fall back down.
ZEC vs BTC Ascending Triangle updateAscending Triangle structure became a bit larger , it now also bounces healthy from a support trendline
Looks to continue going up in the coming days
Still looking good
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