$ZEC has broken through the 1300 level, with the current price at 1338.78.
Round-number levels don't have any special significance in themselves, but pending orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are often intense.
The key is whether it can hold above 1300 on a pullback. If it does, resistance will turn into support. What do you think?
#ZEC
Round-number levels don't have any special significance in themselves, but pending orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are often intense.
The key is whether it can hold above 1300 on a pullback. If it does, resistance will turn into support. What do you think?
#ZEC