ZEC Bull Triangle

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.
Chart PatternscriptocurrencycriptomonedasTechnical IndicatorsTrend AnalysisZECUSD

Aussi sur:

Clause de non-responsabilité