Rare Z-CASH Pattern To Watch, Going Long

2020年7月28日

I don't mess around with Z-cash much I just couldn't help but notice the decent sized Eve and Adam pattern on the weekly, as I understand it, it's a rare reversal pattern. Neck line is not perfectly horizontal but shouldn't matter. We have already experienced a slight break out. The coin has also found support on the purple 100 MA line (not enough history/data to use the 200 MA). We are about to breach the red Ichimoku could, but not there yet. Possibility of a slight pullback and the RSI at close to top of the range is a clue we may see just that. However either way, if we pull back and test/find support again on the Eve and Adam neckline + 100 MA, OR if we continue higher and find support above the Ichi cloud Z-cash may be worth some attention. OBV showing lots of interest the last month. High target on chart at the purple line. This is not trading advise, just using this site to archive my thoughts. Thanks for reading.

2020年8月5日

註釋

Trade is playing out so far, looking for much more upside here.