$ZEC - Bullish
The market has found support after a dip, we're setting limit buys to catch the rebound and ride it up for profits.
Limit buy setups are in play.
Entry Zone: 402.50 - 403.50 (placing limit orders to catch a dip for better entry cost)
Stop Loss: 387.20 (support at previous low, strict loss control to avoid getting caught in a deep drawdown)
TP1: 404.48 | Touching the 7 MA, taking some profits to secure capital.
TP2: 412.61 | Holding above the 25 MA, expanding profit potential for the swing.
TP3: 423.00 | Targeting the daily high, fully capitalizing on the rebound.
Strategy Logic
1. After the price dipped to 387.25, a strong bullish candlestick closed, showing solid buying support below, with bearish momentum fading;
2. RSI is holding around 40, indicating limited downside and a strong demand for a short-term rebound;
3. MACD green bars are continuously shrinking, indicating exhaustion of downward momentum, with signs of a bullish reversal emerging on shorter timeframes.
Click here to trade👇
Welcome to the bulls
The market has found support after a dip, we're setting limit buys to catch the rebound and ride it up for profits.
Limit buy setups are in play.
Entry Zone: 402.50 - 403.50 (placing limit orders to catch a dip for better entry cost)
Stop Loss: 387.20 (support at previous low, strict loss control to avoid getting caught in a deep drawdown)
TP1: 404.48 | Touching the 7 MA, taking some profits to secure capital.
TP2: 412.61 | Holding above the 25 MA, expanding profit potential for the swing.
TP3: 423.00 | Targeting the daily high, fully capitalizing on the rebound.
Strategy Logic
1. After the price dipped to 387.25, a strong bullish candlestick closed, showing solid buying support below, with bearish momentum fading;
2. RSI is holding around 40, indicating limited downside and a strong demand for a short-term rebound;
3. MACD green bars are continuously shrinking, indicating exhaustion of downward momentum, with signs of a bullish reversal emerging on shorter timeframes.
Click here to trade👇
Welcome to the bulls