ZEC outlook: two paths for the day ahead
ZEC is at 858.62, up 8.4% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 846.58 holds, the path of least resistance points to 892.34 and then 926.05 in the coming hours.
Risk case: losing 752.29 flips the picture and opens the slide lower.
Reading the chart: solid means it already happened, faded means one plausible path from here.
Trade ZEC: spot https://www.binance.com/en/trade/ZEC_USDT | futures https://www.binance.com/en/futures/ZECUSDT
$ZEC #ZEC #Write2Earn #MarketOutlook #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
ZEC is at 858.62, up 8.4% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 846.58 holds, the path of least resistance points to 892.34 and then 926.05 in the coming hours.
Risk case: losing 752.29 flips the picture and opens the slide lower.
Reading the chart: solid means it already happened, faded means one plausible path from here.
Trade ZEC: spot https://www.binance.com/en/trade/ZEC_USDT | futures https://www.binance.com/en/futures/ZECUSDT
$ZEC #ZEC #Write2Earn #MarketOutlook #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
