Zcash / TetherUS
Long

ZEC Bull Triangle

275
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.

Aviso legal

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