ZEC JUST BROKE 1297 OVERNIGHT AND CRASHED TO 1230
My call from yesterday just got settled and it was not close
Bitcoin closed Wednesday at 81344 dollars after the Fed held rates steady while 2 members pushed for a hike instead
Spot Bitcoin funds took in 137 million dollars on Wednesday while Ether funds lost 21 million dollars for a third day in a row
That split tells you where the big money still trusts the tape and where it keeps walking away
Now the coin that proved my map
ZEC closed Wednesday at 1311 dollars inside the same range I mapped yesterday from 1297 dollars to 1331 dollars
Overnight it broke the floor in the first hour and then fell all the way to 1230 dollars before dawn
It sits at 1246 dollars as I write this and that is 5 percent under the Wednesday close
My take as an analyst is blunt here
Buyers who trusted that range got caught at 1297 dollars and sellers took 67 dollars out of the coin in one night move
That is not a wobble and it is not noise
A daily close back above 1297 dollars would kill this breakdown and hand the range back to buyers
Until that close prints the burden sits with the buyers to prove 1230 was a washout
So which camp are you in
Are you with the sellers who broke 1297 dollars or the buyers who call 1230 dollars a washout
$ZEC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #ZEC1297Break
My call from yesterday just got settled and it was not close
Bitcoin closed Wednesday at 81344 dollars after the Fed held rates steady while 2 members pushed for a hike instead
Spot Bitcoin funds took in 137 million dollars on Wednesday while Ether funds lost 21 million dollars for a third day in a row
That split tells you where the big money still trusts the tape and where it keeps walking away
Now the coin that proved my map
ZEC closed Wednesday at 1311 dollars inside the same range I mapped yesterday from 1297 dollars to 1331 dollars
Overnight it broke the floor in the first hour and then fell all the way to 1230 dollars before dawn
It sits at 1246 dollars as I write this and that is 5 percent under the Wednesday close
My take as an analyst is blunt here
Buyers who trusted that range got caught at 1297 dollars and sellers took 67 dollars out of the coin in one night move
That is not a wobble and it is not noise
A daily close back above 1297 dollars would kill this breakdown and hand the range back to buyers
Until that close prints the burden sits with the buyers to prove 1230 was a washout
So which camp are you in
Are you with the sellers who broke 1297 dollars or the buyers who call 1230 dollars a washout
$ZEC
#BinanceSquare #WriteToEarn #Crypto #Bitcoin #ZEC1297Break
