ZECUSD Potential to rise from here
Target 1= $250
Target 2= $300
Target 3= $360
Target 4 - 450
Target 5 - $550
A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging
This is also contingent on behaviour of BTC between now and Aug 14th
Just my observation.
Hoping $162 is the bottom and it survives a 2nd test.
Will be keeping an eye on the MACD and PSAR and RSI on longer time frames to confirm break.
If we can get Above $250 within next week - this would be a good sign
Target 2= $300
Target 3= $360
Target 4 - 450
Target 5 - $550
A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging
This is also contingent on behaviour of BTC between now and Aug 14th
Just my observation.
Hoping $162 is the bottom and it survives a 2nd test.
Will be keeping an eye on the MACD and PSAR and RSI on longer time frames to confirm break.
If we can get Above $250 within next week - this would be a good sign
Note
I welcome your thoughts and comments.Note
.....I am still in this trade:)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.