Zcash / TetherUSLong
Zcash Reanalysis: Wyckoff Distribution
You can take a long position now and expect it to make a new high to 167. If the buyers' strength are powerful enough, it could even break above 170. But anyways, if the Wyckoff Distribution plays out, you can expect it to range for quite a while before making a huge drop down to around 128 or even further. You can take advantage of this ranging market, so don't miss out on Zcash moves.
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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.
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.