מעודכן
ZCLBTC is setting up for another wave
ZCLBTC has had 2 bull runs and is setting up for its next wave. We have to account for 2 possibilities:
1. ZCL breaks out between 1-5 hours from now.
2. ZCL continues to correct to the trending support and makes a decision to either drop to lower support levels or it bounces and starts the next bullrun.
The reason I see a possibility for a breakout in the next few hours is that the TD count will reach a TD9 on the next candle, indicating a possible buy setup for people using this indicator. We should be looking at the lower time frames (30 minute charts) for price action candles that confirm a move up. We also have the RSI retesting the median line.
If we don't see a breakout, we can expect the TD count to reach a perfected buy setup (TD13) right at the support line, giving us an extra boost.
After a breakout we should watch the confluence lines (blue dotted lines) for any resistance. The breakout might pause or fail here.
Another thing that happens often is a retest of the broken resistance. So keep your eyes peeled on those.
1. ZCL breaks out between 1-5 hours from now.
2. ZCL continues to correct to the trending support and makes a decision to either drop to lower support levels or it bounces and starts the next bullrun.
The reason I see a possibility for a breakout in the next few hours is that the TD count will reach a TD9 on the next candle, indicating a possible buy setup for people using this indicator. We should be looking at the lower time frames (30 minute charts) for price action candles that confirm a move up. We also have the RSI retesting the median line.
If we don't see a breakout, we can expect the TD count to reach a perfected buy setup (TD13) right at the support line, giving us an extra boost.
After a breakout we should watch the confluence lines (blue dotted lines) for any resistance. The breakout might pause or fail here.
Another thing that happens often is a retest of the broken resistance. So keep your eyes peeled on those.
הערה
Looks like ZCL is attempting a breakout. I didn't get a chance to buy the local low, so I'll have to wait and see what happens next. Sadly the action will be happening when I'm asleep :(הערה
I had some time to redraw this and pick a target. Had to keep it pretty wide, because BTC is acting up and this coin has seen a massice increase already. הערה
We have a breakout :D
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.