🚀 $ZEC : A CHART YOU SHOULD KEEP IN VIEW RIGHT NOW
$ZEC has broken into a new historical high, and after a move like that, for me the main thing isn’t guessing the top—it’s monitoring the key level.
As long as the price stays above this zone, the advantage remains on the side of buyers.
But for finding an entry, the younger timeframes are more interesting. Here, different scenarios are possible:
📉 a standard pullback to support;
💥 a sharp drop with the liquidation of late longs;
📊 consolidation and a break of the local high;
🧹 a quick sweep of liquidity followed by a return upward.
That means that after a strong ATH, it’s not necessarily time to enter on the very first green candle.
There are several ways to play the trend continuation—the main thing is to define in advance the level, the entry scenario, and the point where the idea stops working. 👀🔥
$ZEC has broken into a new historical high, and after a move like that, for me the main thing isn’t guessing the top—it’s monitoring the key level.
As long as the price stays above this zone, the advantage remains on the side of buyers.
But for finding an entry, the younger timeframes are more interesting. Here, different scenarios are possible:
📉 a standard pullback to support;
💥 a sharp drop with the liquidation of late longs;
📊 consolidation and a break of the local high;
🧹 a quick sweep of liquidity followed by a return upward.
That means that after a strong ATH, it’s not necessarily time to enter on the very first green candle.
There are several ways to play the trend continuation—the main thing is to define in advance the level, the entry scenario, and the point where the idea stops working. 👀🔥