Breakout $ZEC seems very strong, driven by fairly large volume, plus OI also seems to be starting to increase.
Although the market $BTC overall is still somewhat heavy, the 1-hour TF structure on ZEC has clean momentum. If there's a healthy correction, aka a retest in the 1244 - 1267 area, the long option could run toward targets of 1324 to 1397. Just place a tight SL below the breakout area as a precaution.
Although the market $BTC overall is still somewhat heavy, the 1-hour TF structure on ZEC has clean momentum. If there's a healthy correction, aka a retest in the 1244 - 1267 area, the long option could run toward targets of 1324 to 1397. Just place a tight SL below the breakout area as a precaution.
