$ZEC short
The deviation rate: The current price is very close to the EMA20, with a deviation rate of only -0.72%. It’s basically trading right along the moving average within a downtrend—this type of slow, steady drop is very healthy. It’s the safest and less likely to rebound.
Supertrend is still holding the price from above at around 1322, but this candlestick has already dropped to near the trend line. Supertrend is about to flip short (bearish). Going short now means entering before the reversal.
Open interest: It’s currently 471919, up 0.3% from 1 hour ago, meaning the shorts are adding positions. The more positions they stack, the higher the risk/volume of the sell-off—this shows the shorts are real, not just trying to scare the market.
Entry: 1317-1337
Take profit 1: 1262
Take profit 2: 1261
Stop loss: 1347
🔴 Click here to place an order 👉👉👉 $ZEC
The deviation rate: The current price is very close to the EMA20, with a deviation rate of only -0.72%. It’s basically trading right along the moving average within a downtrend—this type of slow, steady drop is very healthy. It’s the safest and less likely to rebound.
Supertrend is still holding the price from above at around 1322, but this candlestick has already dropped to near the trend line. Supertrend is about to flip short (bearish). Going short now means entering before the reversal.
Open interest: It’s currently 471919, up 0.3% from 1 hour ago, meaning the shorts are adding positions. The more positions they stack, the higher the risk/volume of the sell-off—this shows the shorts are real, not just trying to scare the market.
Entry: 1317-1337
Take profit 1: 1262
Take profit 2: 1261
Stop loss: 1347
🔴 Click here to place an order 👉👉👉 $ZEC
