$ZEC LONGđ
âThey removed liquidity for $1,356 and delivered a strong impulse. Are we going to close the imbalance at $1,550â$1,600? âĄď¸
â$ZEC worked the local low at $1,356 perfectlyâbuyers stepped in and pushed the price up to $1,456 on solid volume.
âWhat about the hourly chart:
⢠Low protection: The $1,356 level was held, forming a buyer reaction.
⢠Price target: The resistance block / supply zones in the $1,550â$1,600 area.
⢠Risk factor: RSI(6) on the 1H timeframe is already up to 73.6. The momentum is strong, but before breaking above $1,550 there may be some slight consolidation.
âIf buyers hold the current level, a move toward $1,550â$1,600 looks like the most logical scenario.
#zec
âThey removed liquidity for $1,356 and delivered a strong impulse. Are we going to close the imbalance at $1,550â$1,600? âĄď¸
â$ZEC worked the local low at $1,356 perfectlyâbuyers stepped in and pushed the price up to $1,456 on solid volume.
âWhat about the hourly chart:
⢠Low protection: The $1,356 level was held, forming a buyer reaction.
⢠Price target: The resistance block / supply zones in the $1,550â$1,600 area.
⢠Risk factor: RSI(6) on the 1H timeframe is already up to 73.6. The momentum is strong, but before breaking above $1,550 there may be some slight consolidation.
âIf buyers hold the current level, a move toward $1,550â$1,600 looks like the most logical scenario.
#zec
