ZECUSDT.P trade ideas
ZEC PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The total evaluation for the ZEC token is neutral-bearish. The coin itself did not establish any higher highs, even though it was still in the recovery phase after the FOMO pump, it got rejected for a triple top on the same resistance which concludes the bearish tone that no investors are interested in keeping it in that range which can send long term confidence investment in this asset decently low. The coin has a very stable customer interest below the 0.236 and some areas above it.
The recommended strategy for this coin is to long it from within the .236 and lower areas of .382 FIB during a BULLTREND in both larger and smaller time frames. If the smaller time frame is bearish and the general trend is bullish, you may find the neutrality of the coin difficult to trade/scalp/invest since it is an alt coin. It is also recommended to short it when it reaches heavy resistance, in case that the general trend is now bearish and a manipulation pump happened reaching the heavy resistance, short is the best strong move.
ZECUSDT Breaking Support ZonesZECUSDT is in a downtrend held by 245.386.
201.238 is the target for a bias of 187.098
.
Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
ZECUSDT - TICKER REQUESTThe first thing that is notable to me is the weekly candle.
Thats a very ugly looking reversal candle.
In a new week we need confirmation but i think ZEC will go a bit lower
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ZECUSDT Technical Analysis⏳ Spot
💎 ZECUSDT has been making HHs and HLs in the ascending channel. Right before the major resistance we see several green candles which indicates the price has the potential to pump and after the retest and pullback continues the bullish move.
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🎳 Entry/Pullback now or from 267.2 - 237.5
☕️ TP1 293.6
🍺 TP2 319.3
🍻 TP3 345.7
🍾 TP4 372.8
🍷 TP5 400.0
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 237.5 - 216.2
Good Luck 🎲
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💡Don't miss the great buy opportunity in ZECUSD @ElectricCoinCoTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (233.8).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ZECUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 268.2
TP2= @ 288.3
TP3= @ 345.7
TP4= @ 379.7
TP5= @ 406.4
SL= Break below S2
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