ZECBTC Ascending Triangle
Staying in the Zcash realm, ZEC/BTC Pair looks to form an Ascending Triangle as well.
Can see it pullback to the support one more time before taking off. Also good fundamentals with the halving coming up in November.
Could give extra fuel for a possible bulltrend.
Close below 6300 would invalidate the setup and possible bulltrend, at least for the short term
Trade safe :)
Can see it pullback to the support one more time before taking off. Also good fundamentals with the halving coming up in November.
Could give extra fuel for a possible bulltrend.
Close below 6300 would invalidate the setup and possible bulltrend, at least for the short term
Trade safe :)
Note
Still in bullish consolidation and looking good.
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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.