Buyers gave $ZEC
a try, guys, but did you see where price ended up?
BIG SHORT on $ZEC from here.
TP: $1,170 / $1,130
Invalidation: $1,250
Sellers have already pushed this down hard, and buyers tried to divert the move, but price walked right back into a selling order block. That's the part I care about, because the volume is showing up inside that OB, and price has printed a big imbalance with it.
When you get volume inside the block plus an imbalance like that, I'd rather trust the sellers. My read is that they push price downside toward the support ❗️
Are you with me on this one? 👇🏻
ZECUSDT
Perp
1,204.18
+2.97%
a try, guys, but did you see where price ended up?
BIG SHORT on $ZEC from here.
TP: $1,170 / $1,130
Invalidation: $1,250
Sellers have already pushed this down hard, and buyers tried to divert the move, but price walked right back into a selling order block. That's the part I care about, because the volume is showing up inside that OB, and price has printed a big imbalance with it.
When you get volume inside the block plus an imbalance like that, I'd rather trust the sellers. My read is that they push price downside toward the support ❗️
Are you with me on this one? 👇🏻
ZECUSDT
Perp
1,204.18
+2.97%