$ZEC
Follower Request
ZEC has been trading inside a range for about a month. It looks like more of a distribution phase than an accumulation phase to me.
On 1D tf, ZEC has lost the 1D 50MA. It has tried 9 times already to break it but failed. All those wicks to the upside have only one meaning, which is the strength of the sellers. I think ZEC is going to have a massive crash in the coming days. Therefore, I am not a buyer here.
If you want to buy ZEC, you will need to have patience. Imo, below $200 will be a very good buying zone for ZEC. Till then, patience.
#zec #Privacy
Follower Request
ZEC has been trading inside a range for about a month. It looks like more of a distribution phase than an accumulation phase to me.
On 1D tf, ZEC has lost the 1D 50MA. It has tried 9 times already to break it but failed. All those wicks to the upside have only one meaning, which is the strength of the sellers. I think ZEC is going to have a massive crash in the coming days. Therefore, I am not a buyer here.
If you want to buy ZEC, you will need to have patience. Imo, below $200 will be a very good buying zone for ZEC. Till then, patience.
#zec #Privacy
