Zcash
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Zcash Selling Opportunity

193
Timeframe: 30M

Main Scenario: The rate should drop as long as it will stay below the 50% Fibonacci line (descending dotted line) and could approach and reach the
Alternative Scenario: A further drop will be invalidated if the rate will fail to stay below the 50% line (descending dotted line)

Entry/Stop Loss/ Take Profit: The rate could drop significantly if it will close below the 191.41 former low. The Stop Loss can be placed somewhere above the 204.33 high and the Take Profit below the median line of the descending pitchfork and on the 150% line, somewhere at the 163.18 level.

Duration: It should take less than a week (3-5 days).
Risk Management: 14.58% potential profit and 7.29% potential loss, R

Aviso legal

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