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TomKirk

ZECUSD next leg down behind Alts

Short
Zcash (BITFINEX:ZECUSD)  
TomKirk Updated   
BITFINEX:ZECUSD   Zcash
Trend Analysis Chart Patterns Rectangle
1
0
trendanalysis chartpattern rectangle
-9 Week horizontal range
-Significant $150 handle
-Responsive 50SMA on the daily with imminent 50/200SMA crossover on H6
-Measured move 68.47

30 basis points of risk planned
Orders not entered over weekend in thin markets

Comment:
Sell stop order @ 146.87
SL @ 162.58
TP @ 70.06
Trade active:
Order filled
Comment:
Could this spell larger implications? The complete failing of this coin perhaps?
snapshot
Comment:
Stop @ 147.57
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