ZEC/USDT
Zcash has bounced off from the 0.618(84) support area and formed a triple bottom. Just like ETH most of alt have a pretty similar setup. And u know what ETH did after this setup.
Looking at the weekly chart:
- Weekly Stoch RSI still at the bottom with a bullish cross
- Weekly RSI Still holding the 45% Support
- Triple bottom support at 0.618
Expect the next moves to test the resistance area 123 – 130, which was the previous all-time high was. Flipping this level as support should give the price a boost to 155 -170
Long term tp 518$+
Setup Invalidation point 84$ Below this bear market :p which I don’t expect Offcourse
The ETH example 😊
if u got any alt u want me to check leave a comment below:)
Zcash has bounced off from the 0.618(84) support area and formed a triple bottom. Just like ETH most of alt have a pretty similar setup. And u know what ETH did after this setup.
Looking at the weekly chart:
- Weekly Stoch RSI still at the bottom with a bullish cross
- Weekly RSI Still holding the 45% Support
- Triple bottom support at 0.618
Expect the next moves to test the resistance area 123 – 130, which was the previous all-time high was. Flipping this level as support should give the price a boost to 155 -170
Long term tp 518$+
Setup Invalidation point 84$ Below this bear market :p which I don’t expect Offcourse
The ETH example 😊
if u got any alt u want me to check leave a comment below:)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.