Zcash / TetherUS
Panjang

ZEC Bull Triangle

242
Daily Stoch: On Bottom, Blue Stoch stopping the fall.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.

Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.

Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.

Possible Targets

1ST: $89

2ND: $93

3RD:$101


Possible Stop Loss

Under EMA 50: $64


This is not a recommendation, just my view.

Never forget to see what's happening with BTCUSDT, cause alt coins trend to follow their movements but with other volatility.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.