ZECUSDT - small correction within the channel
ZECUSDT is in channel correction. The EMA 50 acts as a line of support and an indicator of how the trend will continue, the correction should be rejected (I hope).
It is currently a good time to buy all the way to 55
Risk management: stop loss somewhere around 50
Goals:
T1 - 64-65
T2 - 68-69 - my way out
T3 - 72-74
If the journey continues to T3, then a few more corrections within the channel await us, which is an additional opportunity to purchase, or profit.
It is currently a good time to buy all the way to 55
Risk management: stop loss somewhere around 50
Goals:
T1 - 64-65
T2 - 68-69 - my way out
T3 - 72-74
If the journey continues to T3, then a few more corrections within the channel await us, which is an additional opportunity to purchase, or profit.
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.