🎯 Trade AWAIT ...
Setup Type: Trend Reversal | Timeframe: Daily | Bias: Bullish 🚀
Entry Zone: $327 (BUY)
Take Profit: $486 (+48% gain)
Stop Loss: $298 (-6% risk)
Risk/Reward Ratio: 1:5.5 ✅
_______________________
📈 Technical Overview
ZCash has completed a classic corrective pattern after the November rally, forming a descending channel with strong support around $298-$327. Price action shows decreasing selling pressure with bullish divergence building on lower timeframes.
🔑 Key Insights
The projected wave structure suggests a powerful impulse move targeting the $486 zone, coinciding with the 0.618 Fibonacci extension. The rectangular consolidation zone acts as a springboard for the next leg up, with volume declining during the correction—a textbook accumulation phase.
⚡ Strategy
Conservative entry at current support with tight stop below recent lows. The asymmetric risk/reward makes this an attractive swing trade opportunity. Watch for volume confirmation on the breakout above $360 for trend validation.
FOLLOW FOR MORE ..
Setup Type: Trend Reversal | Timeframe: Daily | Bias: Bullish 🚀
Entry Zone: $327 (BUY)
Take Profit: $486 (+48% gain)
Stop Loss: $298 (-6% risk)
Risk/Reward Ratio: 1:5.5 ✅
_______________________
📈 Technical Overview
ZCash has completed a classic corrective pattern after the November rally, forming a descending channel with strong support around $298-$327. Price action shows decreasing selling pressure with bullish divergence building on lower timeframes.
🔑 Key Insights
The projected wave structure suggests a powerful impulse move targeting the $486 zone, coinciding with the 0.618 Fibonacci extension. The rectangular consolidation zone acts as a springboard for the next leg up, with volume declining during the correction—a textbook accumulation phase.
⚡ Strategy
Conservative entry at current support with tight stop below recent lows. The asymmetric risk/reward makes this an attractive swing trade opportunity. Watch for volume confirmation on the breakout above $360 for trend validation.
FOLLOW FOR MORE ..
Trade attivo
ORDER DONE AT 327.... NOW WE WAIT CONFIRMATION ABOVE 360 ..
THEN WE WILL CHANGE STOP LOSS AT BE..
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
