$ZEC Now it’s 1218—can it still push up to 1520?
First, look at the 4-hour chart. Right now it’s oscillating around 1218. The upper Bollinger Band is around 1220, and price is just barely capped there. As for Fibonacci extensions: the 161.8% level at 1035 has already been reached, and there are definitely people watching the higher target zone around 1500–1520. Technically, this is consolidation at the high level after a strong uptrend.
There’s no clear breakdown yet, and the structure hasn’t been damaged, but since it has already rallied a lot from the low, there is short-term overbought pressure. I think 1520 is not impossible—if it’s going to break through, it at least needs to first hold effectively above 1300, and the trading volume must keep up.
At this point, it’s more likely to see a pullback first. Wait for a retracement toward 1150–1180 to consider buying on dips, or if there’s a breakout above 1300 with strong volume, then you can chase it—targets can then be viewed higher.
Regarding the privacy sector track, there has recently indeed been capital paying attention, but volatility at these high levels will increase. For the detailed strategy, join the chat room and follow along.
#美联储加息是否已成定局
First, look at the 4-hour chart. Right now it’s oscillating around 1218. The upper Bollinger Band is around 1220, and price is just barely capped there. As for Fibonacci extensions: the 161.8% level at 1035 has already been reached, and there are definitely people watching the higher target zone around 1500–1520. Technically, this is consolidation at the high level after a strong uptrend.
There’s no clear breakdown yet, and the structure hasn’t been damaged, but since it has already rallied a lot from the low, there is short-term overbought pressure. I think 1520 is not impossible—if it’s going to break through, it at least needs to first hold effectively above 1300, and the trading volume must keep up.
At this point, it’s more likely to see a pullback first. Wait for a retracement toward 1150–1180 to consider buying on dips, or if there’s a breakout above 1300 with strong volume, then you can chase it—targets can then be viewed higher.
Regarding the privacy sector track, there has recently indeed been capital paying attention, but volatility at these high levels will increase. For the detailed strategy, join the chat room and follow along.
#美联储加息是否已成定局
