ZECBTC 1D long setup
TA explained
ZEC vs BTC shows a clear reversal on the daily chart . After creating a double bottom it shows an impulse after a higher low. Currently at the bottom of a bull flag which is clear on the 4H chart.
A lot of potential for an upside move. Also indicated some other interesting target levels. I will trade the first three but the higher ones can be traded with a lot of patience from this level as well.
Trade setup
Best entries: 0.005250 - 0.005420
TP1: 6382
TP2: 7187
TP3: 7982
SL: 0.004832
RR: 5.01
Max leverage: 3x
—————
Do Your Own Research (of course)
Not trading advice (of course)
Only trade what you can afford to lose (of course)
ZEC vs BTC shows a clear reversal on the daily chart . After creating a double bottom it shows an impulse after a higher low. Currently at the bottom of a bull flag which is clear on the 4H chart.
A lot of potential for an upside move. Also indicated some other interesting target levels. I will trade the first three but the higher ones can be traded with a lot of patience from this level as well.
Trade setup
Best entries: 0.005250 - 0.005420
TP1: 6382
TP2: 7187
TP3: 7982
SL: 0.004832
RR: 5.01
Max leverage: 3x
—————
Do Your Own Research (of course)
Not trading advice (of course)
Only trade what you can afford to lose (of course)
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