$ZEC
Both long and short sides staged another classic scene. Just as the ZEC short positions were about to head downstairs, the “wolf pack” countered with a needle-like move, welding the door shut. They really know how to put on a show.
Original direction: bearish. Entered at 412.14, and exited at 424.5000. Stop-loss at 424.50 was triggered. TP1 399.78, TP2 403.78, and TP3 397.28 were not reached.
Don’t stubbornly hold this trade. When the risk-control line is hit, get out. It hurts to lose, but you can’t let it lead you by the nose.
Next, don’t chase and get carried away. First, see whether it’s a real breakout or just a bull-trap performance. Don’t let your hands move faster than your brain.
Go go go! ↓
#ZEC #BTC
Both long and short sides staged another classic scene. Just as the ZEC short positions were about to head downstairs, the “wolf pack” countered with a needle-like move, welding the door shut. They really know how to put on a show.
Original direction: bearish. Entered at 412.14, and exited at 424.5000. Stop-loss at 424.50 was triggered. TP1 399.78, TP2 403.78, and TP3 397.28 were not reached.
Don’t stubbornly hold this trade. When the risk-control line is hit, get out. It hurts to lose, but you can’t let it lead you by the nose.
Next, don’t chase and get carried away. First, see whether it’s a real breakout or just a bull-trap performance. Don’t let your hands move faster than your brain.
Go go go! ↓
#ZEC #BTC