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KlejdiCuni
Apr 21, 2023 8:39 AM

Zcash | The Bears Can Take The Price Control Short

WHITEBIT:ZECUSDT240
Zcash / Tether USWhiteBIT

Description

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Zcash | The Bears Can Take The Price Control

Zcash broke out from a large "Wedge Pattern"

As I am checking Zcash during all these months it is only releasing liquidity and
it's in a clear bearish trend.

After a small correction, I am expecting Zcash to move down again.

You may find more details in the video!

Thank you and Good Luck!
Trend AnalysisChart PatternsWave Analysis
Comments
foreignMeerkat66130
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This is an example of fixaing on the tree instead of the forest. You have to take into account the macroeconomic changes too. Right now liquidity is entering the market again. Look at M1 money growth. It will lift all boats... including ZEC... The time to be bearish was in November 21... now the tide has turned
KlejdiCuni
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@foreignMeerkat66130, yes you are right...target one was reached:)
The problem is that we are not market makers.As long as we manage the risk all is fine in my opinion
pejman_zwin
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Lovedit💓
DeGRAM
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Two thumbs up 👍👍! Like it
WalterMoon
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Very nice analysis, good job done!
CryptoCheck-
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Great update thank you
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