October 20 Contract Strategy $ZEC
Direction: Long
Initial position: Around the current price of 1145
Take profit: 1170–1190
For reference only; this does not constitute investment advice.
The foundation on the ZEC 1-hour chart is looking very solid. The previous low at 1048 is like an iron floor, and recent lows have been gradually moving higher. The bulls are quietly building momentum!
Looking at the current chart, the price is holding firmly above the middle Bollinger Band, and the RSI is also holding steadily in the strong zone above 50.
Direction: Long
Initial position: Around the current price of 1145
Take profit: 1170–1190
For reference only; this does not constitute investment advice.
The foundation on the ZEC 1-hour chart is looking very solid. The previous low at 1048 is like an iron floor, and recent lows have been gradually moving higher. The bulls are quietly building momentum!
Looking at the current chart, the price is holding firmly above the middle Bollinger Band, and the RSI is also holding steadily in the strong zone above 50.