Zcash grinding along in rising wedge

14 thg 6, 2018Looking at the chart of zcash against the Dollar, price is within a rising wedge pattern. The RSI is grinding up and appears to lack any conviction.

Odds favor a downward move. Targeting the 38% Fib as the first target should a breakout of the pattern occur.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

14 thg 6, 2018

Giao dịch đang hoạt động

We have the breakout. Manage stops according to your risk appetite.

14 thg 6, 2018

Giao dịch đang hoạt động

I've moved stops to BE

14 thg 6, 2018

Đóng lệnh: dừng lỗ

Out for breakeven

15 thg 6, 2018

Bình luận

Interesting how it failed to reach the 38% Fib. Sign of strength?