CrowD_Inv

ZEC Bull Triangle

Panjang
BINANCE:ZECUSDT   Zcash / TetherUS
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 dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.