Long
2H view on ZCL - further upwards movement expected!
I've been watching ZCL on the daily and expected a reversal. So I bought a good chunk at 0.00085 BTC.
Now I'm closing my position at 0.0019 BTC and waiting for a retracement to 0.00165 BTC in order to re-enter the trade.
There's a "big" resistance at 0.002 BTC. The bulls will take a rest and will probably push us through this resistance within the next hours.
There are a lot of traders waiting to unload their bags. But most of them who haven't closed their position yet won't sell below at least 30$.
So I think we will see a parabolic rise for the next 1-2 days. This is mostly a buyers-market and the depth looks very good for more price jumps.
Let me know what you think!
Now I'm closing my position at 0.0019 BTC and waiting for a retracement to 0.00165 BTC in order to re-enter the trade.
There's a "big" resistance at 0.002 BTC. The bulls will take a rest and will probably push us through this resistance within the next hours.
There are a lot of traders waiting to unload their bags. But most of them who haven't closed their position yet won't sell below at least 30$.
So I think we will see a parabolic rise for the next 1-2 days. This is mostly a buyers-market and the depth looks very good for more price jumps.
Let me know what you think!
Trade active
here we go!Note
Buy: 0.00165Target. 0.00245
Stop Loss: 0.00149
Risk/Reward: 1:5
that's my trade for now
Note
Very exciting trade! Great opportunities to daytrade because of this heavy volatility.Note
back at 0.0019 BTC. let's see if there's enough power to push us trough 0.002 BTC.Trade closed: stop reached
stop loss reached and im pretty fine with it :-)Trade active
Resumed @ 0.00128 BTC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.