Let's analyze a very interesting asset #ZEC
🗣 The asset is between the local support level at $22.41 and the local resistance level at $24.36 and is moving sideways. As the asset moves between these levels, it formed a descending trading channel, which we successfully broke yesterday and is now starting to form an ascending channel.
✅As soon I expect a test of the lower boundary of the trading channel and continuation of the upward movement in the trading channel.
🔜I plan to enter the trade from the current (22.9$-21.8$).
🛑 Stop loss will be at (20$)
✅First take (23.7$)
✅Second takeout (27$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 17% of net movement
