#ZEC zec near 1553 on the intraday, the high just reached 1448; the intraday take-profit just hit around 1485. Zec is currently showing a daily chart topping trend.
Rebounds are for going short: short if above 1530. Zec short should be safe. It’s unlikely to break above 1570. If it does break above 1570, then wait for a pullback and run for breakeven. Watch whether it will make new highs; if it doesn’t, then the daily chart level is a short-term top. Even if it’s bullish, it will come and go, choppy and whipsawing.
$ZEC
Rebounds are for going short: short if above 1530. Zec short should be safe. It’s unlikely to break above 1570. If it does break above 1570, then wait for a pullback and run for breakeven. Watch whether it will make new highs; if it doesn’t, then the daily chart level is a short-term top. Even if it’s bullish, it will come and go, choppy and whipsawing.
$ZEC
