TradingView
Coinstreet
16 Th05 2018 09:58

ZECBTC Trending up Giá lên

ZCash / BitcoinBittrex

Mô tả

To get a long position in ZECBTC I would like to see the price retrace a bit to test support before rising further.

To see at which price levels a retracement might reach I like to use a fibonacci range over the entire move from the low below the 200 MA to the last high.

I will keep drawing this fib up to the high with this runup untill it starts to retrace.


Bình luận

Forgot to add;

The 0.50 and 0.618 fib levels are healthy retracements which we like to buy when they fall on to previous highs.

This is based on resistance becoming support.

Bình luận

Check out our blog on our website: coinstreet.nl
Thêm nữa