$ZEC - SHORT opportunity (x10)
I nearly passed on this ZEC short at 953.62
Setup:
Entry: 953.62–956.69
TP1: 900
TP2: 850
TP3: 824.1
SL: 1001.5
Heads up, the stop is 4.8% out. Lower leverage or smaller size, whichever you prefer.
Both timeframes point down with price under its averages.
Be careful: the RSI at 24 on the 4-hour means sellers are stretched.
Does that RSI at 24 on the 4-hour read as tired sellers to you?
⚠️ Personal market insight, not investment advice. DYOR.
Also keeping tabs on $ETH and $AKE .
I nearly passed on this ZEC short at 953.62
Setup:
Entry: 953.62–956.69
TP1: 900
TP2: 850
TP3: 824.1
SL: 1001.5
Heads up, the stop is 4.8% out. Lower leverage or smaller size, whichever you prefer.
Both timeframes point down with price under its averages.
Be careful: the RSI at 24 on the 4-hour means sellers are stretched.
Does that RSI at 24 on the 4-hour read as tired sellers to you?
⚠️ Personal market insight, not investment advice. DYOR.
Also keeping tabs on $ETH and $AKE .
