🚨 Technical analysis for $ZEC | 4-hour timeframe
🔹 Current price: 985.51$ 📈 (+16.54% over 24h)
– It is moving within a clear upward trend with the continued formation of higher highs and higher lows, confirming buyers’ control over the overall trend.
– A clear breakout above previous resistance areas with accelerating positive momentum, reflecting the strength of the uptrend.
– The 857.61$ – 810.96$ area represents a key support / demand zone.
– It is trading above the 50 level at 69.96, which supports the continuation of positive momentum.
🔼 Positive scenario (bullish):
If it holds and breaks above 1,040$
🎯 1,105$ – 1,201$ – 1,307$
🔽 Negative scenario (bearish):
If 923.14$ is broken with a 4-hour close
❌ 857.61$ – 810.96$ – 783.19$
📌 Note: Any pullback toward support areas is considered a potential opportunity within the uptrend.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto and market news, follow us
@AR_cryptonews
🔹 Current price: 985.51$ 📈 (+16.54% over 24h)
– It is moving within a clear upward trend with the continued formation of higher highs and higher lows, confirming buyers’ control over the overall trend.
– A clear breakout above previous resistance areas with accelerating positive momentum, reflecting the strength of the uptrend.
– The 857.61$ – 810.96$ area represents a key support / demand zone.
– It is trading above the 50 level at 69.96, which supports the continuation of positive momentum.
🔼 Positive scenario (bullish):
If it holds and breaks above 1,040$
🎯 1,105$ – 1,201$ – 1,307$
🔽 Negative scenario (bearish):
If 923.14$ is broken with a 4-hour close
❌ 857.61$ – 810.96$ – 783.19$
📌 Note: Any pullback toward support areas is considered a potential opportunity within the uptrend.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
For exclusive crypto and market news, follow us
@AR_cryptonews