Zcash / Bitcoin
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ZEC bull flag R:R5 20%

Hello everyone,


This is just quick view on ZEC/BTC pairing as ZEC formed a bull divergence on 4h which pushed the price aboove MA200.
It looks to me as it retested it properly and also formed a bull flag formation
Also MA100 might cross MA200 soon as well (bull cross)
captura

This is potencial R:R5 for 20% TP1 setup (It could break much much higher) but for next target points further analysis need to be made (DYOR)

ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

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