Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ZEC has been overall bearish trading inside the red wedge pattern and it lately rejected a weekly support zone 35 - 40
The bulls are clearly pushing as price make a higher low.
🏹For the bulls to take over, thus have a shift in momentum from bearish to bullish , we need a break above the last major high in blue.
The blue zone is also a resistance zone and round number 50.0
Meanwhile, until the buy is activated, ZEC would be overall bearish and can still trade lower inside the weekly support. In this case, as price approaches the 35-40 again we will be looking for short-term buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ZEC has been overall bearish trading inside the red wedge pattern and it lately rejected a weekly support zone 35 - 40
The bulls are clearly pushing as price make a higher low.
🏹For the bulls to take over, thus have a shift in momentum from bearish to bullish , we need a break above the last major high in blue.
The blue zone is also a resistance zone and round number 50.0
Meanwhile, until the buy is activated, ZEC would be overall bearish and can still trade lower inside the weekly support. In this case, as price approaches the 35-40 again we will be looking for short-term buy setups.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
đź“ŠI help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
đź“ŠI help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.