💥 $ZEC (Zcash) Technical Outlook #ZEC has successfully br | UROOJ-uj on Binance Square

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💥 $ZEC  (Zcash) Technical Outlook
#ZEC has successfully broken out of a descending wedge structure — a classic bullish reversal pattern 🔥
🎯 Target Levels:
First Target : $47.18
Second Target : $59.35
Final Targe t: $73.67 
🛑 ST : Below $30.00

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ZEC

36.25

-3.35%

3

0

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Update 💵 $XRP /USDT - 1D TimeFrame Friends, I can't help but share some happy news with you 🔝 — I managed to fully predict the movement of the Ripple coin. I propose to review everything in order: 1️⃣- On March 9, I first expressed my opinion on the fate of the asset 💡. I presented a scenario with the formation of an ABCDE triangle, and in the medium term I expected a decline in sub-wave (C) ⏬, followed by a growth in (D). 2️⃣- On March 13th, my assumptions were confirmed 💯. During the correction, price established the top of sub-wave (C) and started an upward movement in (D) 📈 — At that time, we already had long positions open and I recommended to expect a continuation of growth. 3️⃣- On March 23rd, I recorded a profit of 36% of net movement 💰, after which the final decline in sub-wave (E) was to begin. I think you can see the accuracy of my forecast 🎯, because at the moment, the asset is already approaching the end of the exhausting correction within the ABCDE triangle 🏁 — Personally, I will try opening new long positions!

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New analytics 🔎 💵 $BTC /USDT - 4h TimeFrame And here is an alternative markup 🎭, which shows a variant with a completed initial diagonal belonging to the 1st wave 📈. At the moment, the movement of the asset is within the 2nd corrective wave, but compared to the previous scenario, the price should not go below 0.618-0.786 ($80,911-$78,913) Fibonacci 🙅‍♂️. ❕Opening new long positions before breaking the $91,000 level is definitely not worth it!

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$BTC was unable to bounce back from the support line, leading to a stop-loss on the long position. The price has dropped to the support area and needs to hold this level; otherwise, we could see further declines. With the weekend approaching, expect some choppy movement in the market.

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$ME analysis: Price was unable to hold above the resistance area and broke the uptrend support line. This is a no-trade zone, and we are waiting for a candle close above the resistance area for new entries. Resistance Area: $1.22-$1.28

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