$ZEC Perhaps this time it really could go short.
1. The price has already hit the key zone between 1500 and 2000. This is the daily 5-wave high level that Big Brother Jiu mentioned earlier. During this period, the upward momentum could end and then resume at any time; consolidation is the main走势 to watch next.
2. The key point is at 1525u. The short-term double top and the trend breakdown are in play. If price breaks through, it will continue to strengthen. Bullish momentum will shift to bearish momentum. Where will it go next? I think you can pay attention to the recent support around 1290U, but this product is not recommended for a long short position. Because the weekly chart’s current structure is only a big third wave.
1. The price has already hit the key zone between 1500 and 2000. This is the daily 5-wave high level that Big Brother Jiu mentioned earlier. During this period, the upward momentum could end and then resume at any time; consolidation is the main走势 to watch next.
2. The key point is at 1525u. The short-term double top and the trend breakdown are in play. If price breaks through, it will continue to strengthen. Bullish momentum will shift to bearish momentum. Where will it go next? I think you can pay attention to the recent support around 1290U, but this product is not recommended for a long short position. Because the weekly chart’s current structure is only a big third wave.
