Watch the money: $ZEC gives way at the 1,200 level
Around this price area, there are usually a large number of stop-loss orders placed. Big funds love to strike at spots like this: either they drive a break below to stop out long positions, then pull back; or they follow through and slam it down for a while. Distinguish between these two by checking which direction the large orders near the price level are concentrating.
#ZEC
Crypto assets are highly volatile—please manage your position size reasonably.
Around this price area, there are usually a large number of stop-loss orders placed. Big funds love to strike at spots like this: either they drive a break below to stop out long positions, then pull back; or they follow through and slam it down for a while. Distinguish between these two by checking which direction the large orders near the price level are concentrating.
#ZEC
Crypto assets are highly volatile—please manage your position size reasonably.