ricsta86

ricsta86

Thoughts - Not a great setup in terms of R/R - 200EMA and 50EMA getting closer - Good volume spikes, orange box (Bullish) - Higher low, light blue line (Bullish) - Still hovering between the 0.236 and 0.382 Fibs - Supporting trend line is still in tact and bounced off a strong support zone - Stop loss should be around 0.000055 (causing a new local low) around 21%...

ricsta86

Thoughts - 200EMA and 50EMA waiting for the "Golden Cross", but still not close enough - Hovering on the 0.236 Fib, for some time now - Dropped below Support trend line, it has been rejected by the now Resistance trend line - Still within a strong support zone, accumulation zone almost. - Personally, I dont like it when hovering around the support zone for too...

ricsta86 Updated 

Thoughts - ZEC is currently in the global 0.236 fib and hovering the local 0.236 fib. This forms a good support zone - The 4HR trend line and 200EMA were rejected earlier this year - A retest of the 200EMA, 4HR trendine and the local 0.382 Fib is a possibility. Coincidentally those points should meet by the 6 March 2018 - I expect a push to 0.05BTC but a minor...

ricsta86 Updated 

Thoughts - Fib starts from ATH in June 2017 - A bounce in the support zone at the 0.786 Fib - Clear breakout of the Trendline - Expectation is to attempt a new local ATH - Caution as 2 massive uptrends would need at least 50% correction. Interestingly, in the local Fib (within the last month) there was a bounce off the 0.5 Fib. - Tight stop loss required (around...

ricsta86 Updated 

Thoughts - Currently in a strong support area - Far from breaking the 1HR trend line (From this we are still bearish) - In terms of the global fib, hovering around the 0.236 which coincidentally lands on the local 0.383 Fib. - It is possible that it drops down to test the local 0.236 Fib - It is also possible that it heads up to test the trend line and the local...

ricsta86 Updated 

Thoughts - Fib shown is overall daily Fib (includes ATH in 2017) - Bounce off the 0.5 Fib and broken the 1HR downward trend line - This 0.5 fib shows heavily supported zone - Expecting a test of the 0.618 Fib where there is quite some resistance - First, a confirmation of the break out of the DAILY trend line needs to occur - Waiting for confirmation for a long...

ricsta86 Updated 

Thoughts - Usually when bouncing within support level, the result is a downward movement. - On the 1HR the range between 10700 and 8038 is the 0.382 and 0.236 fib respectfully. I would think that a downward movement to 8100 sats would be a move before heading upwards. - Although on the 4hr is seems to be on the 0.382 support, but i think usually a sharp pin would...

ricsta86

Thoughts - 200EMA and 50EMA on 4HR crossed. (Bearish -Death Cross) - Mid term support line (Major Bearish signal) - Hovering in a fairly supportive zone - Dropped below 0.5 Fib, todays green candle might close above (Bearish) - The 0.5 Fib lines up with the global 0.236 Fib. This area forms the new resistance. - Stop loss at 0.0023 placed, just below the 0.382...

ricsta86

Thoughts - Long term, mid term and short term downward trend lines still intact - Currently in the global 0.236 Fib, and local 0.383 Fib. - This is a good risk to reward play, current price of 26k sats, stop loss at 21k sats (just below the 0.236 Fib) - First target would be the mid term trend line and the 0.5 Fib (36k sats ~ 40k sats) close to 40% - Looking for...

ricsta86

Thoughts - Resting on the 0.238 FIB (long term and short term FIB) - Support holding strong - Close to all time low - In terms of fundamentals 100M max supply, most low cap are at least 60k sats - Current Price of 3080sats, our target would be for at least 5000sats (67% return) - Stop Loss 2400sats (20%) - One of the concerns is Volume, but these coins are the...