RvdH

Zcash breaking out of bullish pennant

Long
POLONIEX:ZECUSDT   Zcash / Tether USD
The daily MACD had already crossed on Nov. 6th, and now Zcash seems to confirm its upward push by breaking out of the pennant - notably from a cup/handle situation - on the daily graph. If it can break through its 455 resistance, Zcash looks really very strong and, with some patience, will afford some very healthy (hefty!?) profit targets at the .236 ($613,-)and .382 ($925,-) fib retracement levels.

I am totally unqualified to do Technical Analysis, and so this is not financial advice - just my opinion at the moment ;)
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.