Hello guys,
I think we can easily anticipate a ZEC correction here. After the new listing announce, ZEC mooned, fueled by FOMO.
FOMO is now off, traders are taking profit. Even if ZEC stays in a bullish trend, it must correct a little bit more.
A bounce on the middle bollinger band should be a good sign of trend continuation. That's our target !
MACD is about to cross, and volume is decreasing...
First TA for me, I might be wrong. Don't hesitate to comment !
SELL : 350
Buy : 315 - 320
STOP : 360
Low risk trade IMO
I think we can easily anticipate a ZEC correction here. After the new listing announce, ZEC mooned, fueled by FOMO.
FOMO is now off, traders are taking profit. Even if ZEC stays in a bullish trend, it must correct a little bit more.
A bounce on the middle bollinger band should be a good sign of trend continuation. That's our target !
MACD is about to cross, and volume is decreasing...
First TA for me, I might be wrong. Don't hesitate to comment !
SELL : 350
Buy : 315 - 320
STOP : 360
Low risk trade IMO
Trade closed: target reached:
315 triggered :)