$ZEC checkup on my Nov 3 call.
I said daily closes above $1,120 could send it back to $1,265 and then toward the Oct 29 high near $1,400. It held, and yesterday it tagged $1,388 on Binance spot. Then sellers showed up again just under $1,400, same as Oct 29.
Today it is down about 5.6% near $1,281 and it is the busiest alt pair on Binance after the majors.
My plan through Nov 14: slight bearish lean while it stays under $1,330 after that rejection. A daily close below $1,245 (yesterday's low) opens $1,160 and then the $1,120 floor. A daily close above $1,400 breaks the month-long ceiling and proves me wrong.
Privacy coins move fast both ways, so size small.
#ZEC #Zcash #PrivacyCoins #PriceAnalysis
NFA
I said daily closes above $1,120 could send it back to $1,265 and then toward the Oct 29 high near $1,400. It held, and yesterday it tagged $1,388 on Binance spot. Then sellers showed up again just under $1,400, same as Oct 29.
Today it is down about 5.6% near $1,281 and it is the busiest alt pair on Binance after the majors.
My plan through Nov 14: slight bearish lean while it stays under $1,330 after that rejection. A daily close below $1,245 (yesterday's low) opens $1,160 and then the $1,120 floor. A daily close above $1,400 breaks the month-long ceiling and proves me wrong.
Privacy coins move fast both ways, so size small.
#ZEC #Zcash #PrivacyCoins #PriceAnalysis
NFA
