ZCASH is way above the Kumo cloud from 1m until 2h chart. Green lights for long trades, looks like it will be the winner of the day. DMI supports upward movement and rising bull strength impression. Currently slightly getting overbought (Stoch, RSI), so you might wanna wait till the next wave down and then get in and then ride it until: target 1: 300 target 2: 400 Stop loss: 205
Your likes are welcome, good luck with all of your trades!
Komentar
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If it falls below the 15/30 min Kumo baseline I recommend to take profit.
Komentar
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We are currently in a bigger short term retracement, but the longer term picture still looks bullich, it is the first time aftet 1 month that ZEC is coming out of the KUMO loud like this as the 2h chart shows. After the retracement a next bigger move up could be possible. The trend still looks bullish. I ZEC clearly move up within a week from now...
Komentar
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if a full candle should fall below the baseline of the Kumo, I wouldn´t recommend long trades though
Sounds about right! Shall wait for the retracement.
CryptoCyberpunk
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Looks good! Do u think it can go to 300 today ?
investra
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@MiljanMarkovic, I don´t think it will go there today, to big of a move, rather 1-2 bigger retracements until there. take profit if you see Kumo reversal as I wrote above, as it might not go fully until 300
CryptoCyberpunk
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@investra, The problem i have is i have 10 zec brought at 255 few weeks ago si i have to wait it to go to 275 280 to at least have some profit :)
investra
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@MiljanMarkovic, ok, then just relax and hold until it is in your target zone
CryptoCyberpunk
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@investra, Yeah i know :) Just this waiting is killing me , so many missed buy oportunities, but i have to hold , no other choice :)