Trading recommendations:ZCash(ZEC), Komodo(KMD), EMC2, 1ST

in #zcash7 years ago

 Buy ZCash

The bull market that begins in 2018 when the ZCash rises through the 50-Day EMA, it was a sign of a new bull market. In addition, when the RSI rised through 50, it was another sign of a new bullish trend. When MACD line rised through the signal line, it confirmed another sign the bear trend is over. Also it should be noted that on 3 Day TF, the MACD Line moved above the zero line to turn positive.After trading as low as 0.047 during the day, the coin found the key support level at 50-Day and 100-Day EMA. The failure to close below the support could increase that levels importance as support going forward.

https://www.tradingview.com/chart/ZECBTC/bVlKxF8a-Buy-ZCash/

KMD Finds Support

Two months in a row, KMD has been unable to close below the great support level at 50-Day EMA, howbeit these attempts from the bears were crowned with success and the price found the next support at 200-Day EMA. The bears are desperate to push the price below the support level at the price of 45k, but the bulls are too stubborn to allow that.Although the RSI period 14 was above the level 50 today this is a good sign of bullish market as well as the MACD will display a bullish crossover in the next few days, that will the potential to change from the downtrend to an uptrend.But I would advise you not to hurry up to open a long position and wait for additional buy signals.

https://www.tradingview.com/chart/KMDBTC/lUfeqPZi-KMD-Finds-Support/

Sell EMC2

Unfortunately I don’t see any potential in this digital asset. I don’t understand why it is needed and where it will be applied. I expect that in next few months this coin will be delisted from Bittrex. But it’s only my opinion. Please leave your comments if you don’t agree with me.

https://www.tradingview.com/chart/EMC2BTC/pBsPh7ei-Sell-EMC2/

1ST Bearish Correction Pauses

MACD is trying to do a bullish crossover which highlights the potential for uptrend in 1ST/BTC. RSI is in bearish territory below 50 although the decline has stalled, which suggests the market could enter a consolidation phase or bounce higher.1ST price is currently finding support level at 4–5k Sats. Breaking below this would turn the focus back to the downside to target at the key support 2k Sats.

https://www.tradingview.com/chart/1STBTC/lsJ9Md4e-1ST-Bearish-Correction-Pauses/

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Please do your own research in addition to reading the TA. NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE

Wishing you friends a successful trading!

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