Market Notes | $ZEC | Lost the 1,300 level
Definition: Even among round-number price levels, the larger the number, the more attention it tends to attract. For example, major milestones like 10,000 or 100,000 tend to draw more attention than ordinary round numbers.
A further point on how to read the market: When a price returns to a level after a long time, people who entered around that level before may break even and exit, or add to their positions. Trading tends to be more concentrated as a result.
Avoid placing orders during the most volatile few minutes. Wait for the price to stabilize before deciding.
#ZEC
Definition: Even among round-number price levels, the larger the number, the more attention it tends to attract. For example, major milestones like 10,000 or 100,000 tend to draw more attention than ordinary round numbers.
A further point on how to read the market: When a price returns to a level after a long time, people who entered around that level before may break even and exit, or add to their positions. Trading tends to be more concentrated as a result.
Avoid placing orders during the most volatile few minutes. Wait for the price to stabilize before deciding.
#ZEC