ZEC$ZEC falls below all moving averages
๐ด Short sell $ZEC /USDT: Price is expected to decline
Bias: Short ยท Strong
Entry: 1154.30 โ 1157.52
Take profit 1: 1127.64 (-2.4%)
Take profit 2: 1108.80 (-4.1%)
Take profit 3: 1080.53 (-6.5%)
Stop loss: 1193.60 (+3.3%)
Plan: Enter only within the range, take half the position at take profit 1, then move the stop loss to the entry price.
Why short? 6 out of 12 signals agree, and none contradict.
โข 4-hour trend is bearish (price below EMA50 and EMA200)
โข 1-hour trend is bearish (price below EMA50 and EMA200)
โข Sellers are driving the move (15-minute ADX: 32.1)
Why I favor it:
The 1-hour price is below EMA50 and EMA200, and this bearish alignment indicates a short-term downtrend. The 1-hour RSI is 43.1
๐ด Short sell $ZEC /USDT: Price is expected to decline
Bias: Short ยท Strong
Entry: 1154.30 โ 1157.52
Take profit 1: 1127.64 (-2.4%)
Take profit 2: 1108.80 (-4.1%)
Take profit 3: 1080.53 (-6.5%)
Stop loss: 1193.60 (+3.3%)
Plan: Enter only within the range, take half the position at take profit 1, then move the stop loss to the entry price.
Why short? 6 out of 12 signals agree, and none contradict.
โข 4-hour trend is bearish (price below EMA50 and EMA200)
โข 1-hour trend is bearish (price below EMA50 and EMA200)
โข Sellers are driving the move (15-minute ADX: 32.1)
Why I favor it:
The 1-hour price is below EMA50 and EMA200, and this bearish alignment indicates a short-term downtrend. The 1-hour RSI is 43.1