An undercurrent has appeared, and the $ZEC chart structure is beginning to send signals. The price retraces to around the 1.414 Fibonacci extension area, where it is precisely reacting by hugging the upper band of the structure. The efficiency of the long/short transition at this position is definitely worth keeping a close eye on.
On volume, selling pressure has not continued to intensify; instead, there are signs of absorption within the support zone, indicating that the below-side buyers have not pulled out.
On the daily RSI, there is divergence, but the price has not broken the key structure’s low. With this combination, I’m more inclined to wait for the retracement to confirm rather than chase a short. As long as the retracement on shrinking volume holds and does not break the previous low, the probability of an upward repair is relatively higher—first targeting the extension area near the previous high.
🟢 Trade direction: Long
📍 Entry range: 1420.1 – 1370.1
🛑 Stop loss: 1360.1
🎯 Take profit 1: 1460.1
🎯 Take profit 2: 1550.1
No need to chase the crowd’s momentum—the opening will always wait.
Side by side with Sister Li, so every inch of time leaves a resonance.
#ZEC
Click below to trade 👇
On volume, selling pressure has not continued to intensify; instead, there are signs of absorption within the support zone, indicating that the below-side buyers have not pulled out.
On the daily RSI, there is divergence, but the price has not broken the key structure’s low. With this combination, I’m more inclined to wait for the retracement to confirm rather than chase a short. As long as the retracement on shrinking volume holds and does not break the previous low, the probability of an upward repair is relatively higher—first targeting the extension area near the previous high.
🟢 Trade direction: Long
📍 Entry range: 1420.1 – 1370.1
🛑 Stop loss: 1360.1
🎯 Take profit 1: 1460.1
🎯 Take profit 2: 1550.1
No need to chase the crowd’s momentum—the opening will always wait.
Side by side with Sister Li, so every inch of time leaves a resonance.
#ZEC
Click below to trade 👇