On request of some twitter followers, I made a chart for ZEC.
Long term: we can see that ZEC made a big move up and retraced all the way back to the accumulation zone. Last week, it broke out.
This might be the time to start another big move upwards, normally it should be possible to make a new ATH (!).
Short term: in a 5 legs upmove, right now retracing to 4. Possible zone for 4 is on the chart. Depending where 4 comes, we can determine 5 and the possible pullback after completion of this 5 waves.
After that ABC correction it could start next wave to new ATH.
Tradingadvice: wait for the price to come closer to the trendline and see if it makes a bounce. Buy the bounce and place your SL below the trendline.
Pls note that this coin is very hard to chart for me. It always makes deep pullbacks. Its a long way to new highs, will try to update here.
Long term: we can see that ZEC made a big move up and retraced all the way back to the accumulation zone. Last week, it broke out.
This might be the time to start another big move upwards, normally it should be possible to make a new ATH (!).
Short term: in a 5 legs upmove, right now retracing to 4. Possible zone for 4 is on the chart. Depending where 4 comes, we can determine 5 and the possible pullback after completion of this 5 waves.
After that ABC correction it could start next wave to new ATH.
Tradingadvice: wait for the price to come closer to the trendline and see if it makes a bounce. Buy the bounce and place your SL below the trendline.
Pls note that this coin is very hard to chart for me. It always makes deep pullbacks. Its a long way to new highs, will try to update here.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.