$ZAMA +9% and now knocking on a lid it has failed at three times. Fourth time lucky? đ
The privacy trade keeps running: Zcash is the most searched coin on Square, and Zama (the encryption project) is riding the same wave.
The 4H chart:
âą Price: 0.0774
âą Lid: 0.0776 to 0.0785. Rejected on Oct 15, Oct 22 and today
âą Both EMAs just turned up and crossed, around 0.073
âą Support: 0.0705 to 0.073
âą RSI 64
The plan:
đą A 4H close above 0.0785 clears the triple lid and opens 0.0855, the Oct 21 spike high
đŽ Another rejection = back to the 0.073 support
Triple tops break more often than people expect when the sector is hot. If it fails, the EMA zone is a cleaner entry.
Will $ZAMA break it this time? đ
NFA
#PrivacyCoins #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back đ Sign up on Binance
The privacy trade keeps running: Zcash is the most searched coin on Square, and Zama (the encryption project) is riding the same wave.
The 4H chart:
âą Price: 0.0774
âą Lid: 0.0776 to 0.0785. Rejected on Oct 15, Oct 22 and today
âą Both EMAs just turned up and crossed, around 0.073
âą Support: 0.0705 to 0.073
âą RSI 64
The plan:
đą A 4H close above 0.0785 clears the triple lid and opens 0.0855, the Oct 21 spike high
đŽ Another rejection = back to the 0.073 support
Triple tops break more often than people expect when the sector is hot. If it fails, the EMA zone is a cleaner entry.
Will $ZAMA break it this time? đ
NFA
#PrivacyCoins #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back đ Sign up on Binance
