💬 SomeOne Asked Me about $ZEC ❕ So here's My perspective of Looking into the charts.... 👀
Always remember there are 3 phase framework about how smart Money Operates (Also known as WyckOff Based Market Cycle)
1. Green highlighted box shows the accumulation part, where Quantities where heavily accumulated for the next rally phase.
2. the Yellow highlighted box shows the Manipulation part, where price explodes on either side due to hype, panic or fomo...
3. the distribution phase indicated by the bluebox where smart money starts to actually fade or book profit and lets the market move in the opposite (either Up or Down)
For Me here $ZEC is now entering the distribution phase....
Although I haven't exited the position I will be still holding it and I am bearish ❗
#ZECUSDT
Trade $ZEC here 👇
Always remember there are 3 phase framework about how smart Money Operates (Also known as WyckOff Based Market Cycle)
1. Green highlighted box shows the accumulation part, where Quantities where heavily accumulated for the next rally phase.
2. the Yellow highlighted box shows the Manipulation part, where price explodes on either side due to hype, panic or fomo...
3. the distribution phase indicated by the bluebox where smart money starts to actually fade or book profit and lets the market move in the opposite (either Up or Down)
For Me here $ZEC is now entering the distribution phase....
Although I haven't exited the position I will be still holding it and I am bearish ❗
#ZECUSDT
Trade $ZEC here 👇
