Crypto Trading Idea, Analysis & Setup Jan Robert: Buy ZCOIN Tuesday August 7

Technical Chart Analysis :
ZCOIN/USD
Summary: ZCOIN is performing quite weak in the past month, followint suit the whole Crypto Market. LTC hit a low o
$12,26 in August and is hovering now above this supportlevel. At $16 ZCOIN might face strong resistance.

Trade Idea: Buy ZCOIN @13,86 with stop-loss below $12. That means: stop-loss 13% below the current entry level and with a target of $18 on a daily basis we have a profit/risk-ratio of 2,2 which is quite good. 

Note: – Always DOYR (Do Your Own Research). This is not an explicit advice and just for educational reasons. You can read more about our Price Action Course here: https://cryptoacademy.nl/price-action-trading/

Below you find an interview with the COO of ZCOIN

Chart Commentary Disclaimer: Our views on the Charts is not advice or a recommendation, it is educational and general information only.