$ZEC $1425, straight to the shortđ: MA7 $1410 isnât helping even if it lifts its head. MA25 $1511 overhead is pressing downâevery bounce just delivers ammo to the shorts
24h -1.7%, high $1460 low $1376. CoinGecko is the 7th trending searchâfalling while trending. In the comments, the bulls are still chanting âgolden pit,â sounds familiar to me
Last night into this morning, I did one thing: I watched how many times it gets knocked back every time it tries to jump at $1460. Three timesâeach time shorter than the last. Over the past ~60 4h candles, -6%. The louder the bulls shout, the more I want to buckle up. Iâm bearish on this, but if it drops too fast, Iâm not chasing
My script: the pullback to R1 $1508âif it canât reclaim it, then watch S1 $1356; if S1 breaks down through, S2 $1303 is waiting right there. Only one scenario would make me go longâvolume expands and it holds above R1, then we look at R2 $1698
Whatâs the mood of you $ZEC long position holders now? Still holding or already cut? Report it
$ZEC #ZEC #Sentiment fluctuations
24h -1.7%, high $1460 low $1376. CoinGecko is the 7th trending searchâfalling while trending. In the comments, the bulls are still chanting âgolden pit,â sounds familiar to me
Last night into this morning, I did one thing: I watched how many times it gets knocked back every time it tries to jump at $1460. Three timesâeach time shorter than the last. Over the past ~60 4h candles, -6%. The louder the bulls shout, the more I want to buckle up. Iâm bearish on this, but if it drops too fast, Iâm not chasing
My script: the pullback to R1 $1508âif it canât reclaim it, then watch S1 $1356; if S1 breaks down through, S2 $1303 is waiting right there. Only one scenario would make me go longâvolume expands and it holds above R1, then we look at R2 $1698
Whatâs the mood of you $ZEC long position holders now? Still holding or already cut? Report it
$ZEC #ZEC #Sentiment fluctuations