Trade Recommendation: Zcash | Hacked: Hacking Finance
Hacked: Hacking Finance

Analysis

Trade Recommendation: Zcash

Posted on .

Trade Recommendation: Zcash

Introduction

This article was posted on Sunday, 17:07, UTC.

The price is going to bounce from 200.00 support level. Based on a new local swing low, we can draw a new uptrend line. This line will support a possible upward movement. RSI confirms price reversal in the oversold zone. We have a buy opportunity. Pending orders for buy must be placed at 220.00 level with stop orders below 198.00 level. Profit target is at the resistance level and the part of trading volume can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 220.00
Stop: 198.00
Profit Targets: 258.00

The trading signal is based on Poloniex chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR zgorizzo

    Posted on 2:10 pm August 16, 2017.

    Stop reached 🙁

  • View Comments (1) ...
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    The price dropped to the support zone near the bottom…