ZECUSD Fib Retracement/Extension

2017年9月1日

There's a possibility that ZEC may retrace back to 289 very soon, then experience another jump. Buy orders can be placed at 289 with a stop loss below the support area and profit target at 349.50. All criticism welcomed. Good luck!

2017年9月2日

评论

Trade active, lets see where this goes.

All criticism welcomed. Seriously, please criticize - we all benefit.

2017年9月2日

评论

Possible support at 280, I'm setting a stop loss at 270, below 1.618 fib

2017年9月2日

评论

Stop loss met. You can see here that there was support at the 1.618 fib, but then ZEC dropped even further to support at 250:

2017年9月2日

评论

The green kumo cloud on the 4hr chart and the 2.618 fib are providing support. Possibly long opportunity here, but be careful if a full candle breaks through the kumo. ...Everything's diving right now.

2017年9月3日

评论

Possible double-bottom at 240 with bullish RSI trend and upcoming possible DMI reversal. Kumo cloud is acting as resistance. This could be a retrace of what I've outlined with the square - could lead to a consolidation wedge around 240. I will wait for a bullish confirmation before buying...