ZEC/BTC
Updated
A symmetrical triangle has been formed, which gives us possibilities to guess the next move :)
If we breakout from the triangle, we can aim for a profit at 0.786 fibonacci.
But if we fail to break the upper side of triangle, we can rebuy at 0.0164, where the strong support lies.
Let's see, how the trade developes :)
If we breakout from the triangle, we can aim for a profit at 0.786 fibonacci.
But if we fail to break the upper side of triangle, we can rebuy at 0.0164, where the strong support lies.
Let's see, how the trade developes :)
Trade active
Trade active
We hit the suppor tline at 0.0164. We should see a good move up with volume in the following weeks.Trade active
Another hit at 0.0164 support and a bounce back. Rally v.2 :)
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.