@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.16
Analysis
1956
Correct
629
Fail
1288
Pending
39
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
ZECUSDT
Long Entry
577.9300
2025-11-08
08:07 UTC
Target
850.0000
Fail
160.0000
Risk/Reward
1 : 1
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The analysis discusses Zcash (ZECUSD) and its potential upward movement. The chart analysis begins by emphasizing the importance of using a complete price history chart to assess all-time highs accurately. It identifies a descending impulse pattern consisting of waves 'A', 'B', and 'C' suggesting a C wave is unfolding, potentially as part of a larger five-wave move. Key support is noted between $160 and $360. Maintaining impulsive potential requires holding above the 50% retracement level, with the next key resistance identified around $800 to $850.The analysis warns of a high risk due to distant support levels, as the fourth wave typically doesn't hold support, making it a dangerous chart. It suggests close monitoring of support for reactions, especially around $160 and $80, as failure to react could negate the bullish outlook.