#zec
Let me talk about the trading setup logic I used for ZEC yesterday.
Last night, ZEC kept showing weakness—so weak that it even created the illusion that it couldn’t go up! From around 9:30, it was pushed down with a quick jab to about 1420, then it was quickly pulled back. It couldn’t break above 1500, couldn’t break below 1420, and then it continued to consolidate.
I also said that the area above 1530 isn’t its high point. From a technical perspective, there are signs of weakening. But that’s only weakening. The larger structure is still dominated by the bulls!
At this point, you need to analyze why it would push down a quick jab and then not break. Could it really go down to 1395? Come on, be realistic!
Only after the bulls are swept can it continue to move north. This is why you’ve been played around by ZEC—spinning you in circles. Love and hate. So what does “breaking down” really mean— a real breakdown or a fake one?
As long as it doesn’t break through 1420, I can’t see any signs of it falling like a waterfall. On the contrary, I’m even more convinced it will break new highs.
And only on the premise that both BTC (big cake) and the second cake are set to move upward as well.
And this damn ZEC, during its consolidation phase, uses small time-frame candles to trick people into getting on board. Now it’s hovering around 1550 again. Doesn’t it disgust you—failing to give people below 1500 an exit and just messing with them?
Keep it the simplest, most brutal way: confirm that the structure is broken. Trade with the trend. As long as the bullish structure isn’t broken, just follow the trend.
Hold tight to one position. Pull it out like you mean it! Set your stop-loss properly, then wait calmly for the flowers to bloom.
Let me talk about the trading setup logic I used for ZEC yesterday.
Last night, ZEC kept showing weakness—so weak that it even created the illusion that it couldn’t go up! From around 9:30, it was pushed down with a quick jab to about 1420, then it was quickly pulled back. It couldn’t break above 1500, couldn’t break below 1420, and then it continued to consolidate.
I also said that the area above 1530 isn’t its high point. From a technical perspective, there are signs of weakening. But that’s only weakening. The larger structure is still dominated by the bulls!
At this point, you need to analyze why it would push down a quick jab and then not break. Could it really go down to 1395? Come on, be realistic!
Only after the bulls are swept can it continue to move north. This is why you’ve been played around by ZEC—spinning you in circles. Love and hate. So what does “breaking down” really mean— a real breakdown or a fake one?
As long as it doesn’t break through 1420, I can’t see any signs of it falling like a waterfall. On the contrary, I’m even more convinced it will break new highs.
And only on the premise that both BTC (big cake) and the second cake are set to move upward as well.
And this damn ZEC, during its consolidation phase, uses small time-frame candles to trick people into getting on board. Now it’s hovering around 1550 again. Doesn’t it disgust you—failing to give people below 1500 an exit and just messing with them?
Keep it the simplest, most brutal way: confirm that the structure is broken. Trade with the trend. As long as the bullish structure isn’t broken, just follow the trend.
Hold tight to one position. Pull it out like you mean it! Set your stop-loss properly, then wait calmly for the flowers to bloom.
