$ZEC
The other day, the priority was a NEAR long swing on H4.
Today, switching to ZEC.
Because the ZEC weekly chart has formed two weekly lows and rejected with a wick.
The trend is starting to turn as ZEC holds 1270–1305 and bounces upward. Enter long with a stop loss at 1305.
Targeting 1375–1417.
Watch for an entry around 1310–1325.
$NEAR The weekly low hasn’t been taken out. If NEAR holds above 4.96, it could push to liquidate 5.66 or higher.
This coin’s 5-point move is starting to weaken. If NEAR closes D1 above 5.270 tomorrow, it could reach 5.5 or higher to liquidate positions.
But with the red weekly wick still not taken out, a move up to liquidate positions could get pulled straight back to 5.17–5.27, or lower to 4.8.
NEAR is difficult to trade; still follow the green D1, with a stop loss at 5.17.
NEAR’s trend is an uptrend on the weekly chart: 6, 7, 8, 9, 10.
ZEC’s trend is a weekly trend, with profit-taking at 1000.
The other day, the priority was a NEAR long swing on H4.
Today, switching to ZEC.
Because the ZEC weekly chart has formed two weekly lows and rejected with a wick.
The trend is starting to turn as ZEC holds 1270–1305 and bounces upward. Enter long with a stop loss at 1305.
Targeting 1375–1417.
Watch for an entry around 1310–1325.
$NEAR The weekly low hasn’t been taken out. If NEAR holds above 4.96, it could push to liquidate 5.66 or higher.
This coin’s 5-point move is starting to weaken. If NEAR closes D1 above 5.270 tomorrow, it could reach 5.5 or higher to liquidate positions.
But with the red weekly wick still not taken out, a move up to liquidate positions could get pulled straight back to 5.17–5.27, or lower to 4.8.
NEAR is difficult to trade; still follow the green D1, with a stop loss at 5.17.
NEAR’s trend is an uptrend on the weekly chart: 6, 7, 8, 9, 10.
ZEC’s trend is a weekly trend, with profit-taking at 1000.
