$ZEC time to look toward LONG
Zcash fell below the 200-SMA on the 4H chart for the first time in several months after forming a bear flag.
Once the correction is complete, the structure could potentially shift to a scenario with a new higher high.
My plan:
Entry: 1338-1300
SL: 1270
TP: 1360-1410
For now, the key thing is the price reaction in the target zone. If buyers show strength, we’ll look at the next move.
LONG $ZEC 👇
Zcash fell below the 200-SMA on the 4H chart for the first time in several months after forming a bear flag.
Once the correction is complete, the structure could potentially shift to a scenario with a new higher high.
My plan:
Entry: 1338-1300
SL: 1270
TP: 1360-1410
For now, the key thing is the price reaction in the target zone. If buyers show strength, we’ll look at the next move.
LONG $ZEC 👇
