#ZEC
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound, suggesting a potential upward move upon retesting this level.
The Relative Strength Index (RSI) indicates a bearish trend, yet a bullish breakout is likely given that the price has reached "oversold" levels on the 1-hour chart.
An orange trendline supports the likelihood of a bullish rebound.
There is an initial support level at 1450, acting as a preliminary support zone.
A key support zone (marked in green) exists at 1400; the price has bounced from this area multiple times, making it a strong support level.
The price is heading toward the 100-period moving average (a level currently being approached), reinforcing the potential for an upward move.
Entry Price: 1544
Target 1: 1556
Target 2: 1578
Target 3: 1606
Stop Loss: At the green resistance zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound, suggesting a potential upward move upon retesting this level.
The Relative Strength Index (RSI) indicates a bearish trend, yet a bullish breakout is likely given that the price has reached "oversold" levels on the 1-hour chart.
An orange trendline supports the likelihood of a bullish rebound.
There is an initial support level at 1450, acting as a preliminary support zone.
A key support zone (marked in green) exists at 1400; the price has bounced from this area multiple times, making it a strong support level.
The price is heading toward the 100-period moving average (a level currently being approached), reinforcing the potential for an upward move.
Entry Price: 1544
Target 1: 1556
Target 2: 1578
Target 3: 1606
Stop Loss: At the green resistance zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
Dagangan ditutup: sasaran tercapai
#ZEC
Target 1: 1556 Reached
Target 2: 1578 Reached
Target 3: 1606 Reached
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.