The AKE strategy setup shared earlier has played out, and this round’s profits have been successfully locked in. Timing and confirmation are aligned, and $ZEC ’s chart structure is showing bearish signals. Daily highs keep moving lower, and price has repeatedly been capped below key levels, with each rebound losing more steam.
RSI has been trending down since its September peak, and volume hasn’t picked up either. This rebound looks more like a fluctuation within a weak structure than a trend reversal. 1350 is the line in the sand I’m watching: if price can’t reclaim it or form a higher low, the bearish case remains intact. A rebound is possible, but until the structure recovers, I’m inclined to follow the weakness.
🔴 Trade direction: Short
📍 Entry range: 1270.3 – 1320.3
🛑 Stop loss: 1350.3
🎯 Take profit 1: 1220.3
🎯 Take profit 2: 1180.3
Take in the vastness of mountains and seas; watch the market’s subtle moves.
Walk with Uncle Xiong and witness the gains and losses of the markets.
#ZEC
Tap below to trade 👇
RSI has been trending down since its September peak, and volume hasn’t picked up either. This rebound looks more like a fluctuation within a weak structure than a trend reversal. 1350 is the line in the sand I’m watching: if price can’t reclaim it or form a higher low, the bearish case remains intact. A rebound is possible, but until the structure recovers, I’m inclined to follow the weakness.
🔴 Trade direction: Short
📍 Entry range: 1270.3 – 1320.3
🛑 Stop loss: 1350.3
🎯 Take profit 1: 1220.3
🎯 Take profit 2: 1180.3
Take in the vastness of mountains and seas; watch the market’s subtle moves.
Walk with Uncle Xiong and witness the gains and losses of the markets.
#ZEC
Tap below to trade 👇