$ZEC
Many people are watching ZEC, thinking it's a good chance to buy the dip because it has dropped a lot. I honestly advise you: don’t rush to catch a falling knife!
This time the sell-off all the way down is not a normal pullback at all—the bulls have been completely broken. It surged strongly before; once there was selling pressure near the top, there wasn’t even a rebound. That suggests there are too many trapped holders up there, and nobody is willing to spend money to help the people at the peak get out.
Many people always make the same mistake: when it rises they don’t dare to chase, and when it dips a bit they think it’s cheap—then they end up buying every time in the middle of the slope. Now ZEC looks like it’s at a low level, but there’s still room below.
If you really want to act, shorting in line with the trend is far more reliable than trying to catch the bottom. Wait for it to run up into the resistance zone, and only enter when it can’t push through—that way the risk/reward is better.
Are you planning to buy the dip, or have you already decided to short?
#ZEC.24小时交易策略
Many people are watching ZEC, thinking it's a good chance to buy the dip because it has dropped a lot. I honestly advise you: don’t rush to catch a falling knife!
This time the sell-off all the way down is not a normal pullback at all—the bulls have been completely broken. It surged strongly before; once there was selling pressure near the top, there wasn’t even a rebound. That suggests there are too many trapped holders up there, and nobody is willing to spend money to help the people at the peak get out.
Many people always make the same mistake: when it rises they don’t dare to chase, and when it dips a bit they think it’s cheap—then they end up buying every time in the middle of the slope. Now ZEC looks like it’s at a low level, but there’s still room below.
If you really want to act, shorting in line with the trend is far more reliable than trying to catch the bottom. Wait for it to run up into the resistance zone, and only enter when it can’t push through—that way the risk/reward is better.
Are you planning to buy the dip, or have you already decided to short?
#ZEC.24小时交易策略
