Krystiannwk

ZCASH buy opportunity

Viés de alta
KRAKEN:ZECBTC   Zcash / Bitcoin
This pair bounced from 0.02500 on weekly chart and formed nice engulfing candle pattern. 4H chart shows irregular head and shoulders pattern. When we look on Daily chart we can see nicely respected GAP that was formed week ago. I would put SL just below longest shadow piercing GAP and TP set up around high from January. I would consider opening position with current price and then wait for price correction and buy lower with greater risk reward ratio.
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