For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.
Closing a weekly candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.
From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.
Closing a weekly candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
It beautifully reached the designated zone and got rejected by more than 60%.This outlook on ZEC was correct.
💎Our CRYPTO Telegram channel: 👉 t.me/Behdark_EN
💎 Our FOREX Telegram channel 👉 t.me/FX_Behdark
⚠️ Only important signals are posted on Telegram.
💎 Our FOREX Telegram channel 👉 t.me/FX_Behdark
⚠️ Only important signals are posted on Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎Our CRYPTO Telegram channel: 👉 t.me/Behdark_EN
💎 Our FOREX Telegram channel 👉 t.me/FX_Behdark
⚠️ Only important signals are posted on Telegram.
💎 Our FOREX Telegram channel 👉 t.me/FX_Behdark
⚠️ Only important signals are posted on Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.