$ZEC BULLS CAN YOU DEFEND THIS TIME⁉️
Guys ,the price is moving around a minor demand zone at $1240.
Yesterday ,I shared two scenarios when price was struggling near $1320. I clearly explained both BULLISH & BEARISH CASE( You can read below in attached SS ).
BEARS again defend the 1350 resistance & price rejected & comes back into consolidation range & now falling b/w lows & highs.
WHAT SHOULD WE DO⁉️
PRICE is Still in b/w two ranges
1150-1350
We need either BREAKOUT above resistance or BREAKDOWN below Support.
Until then don't trade. If you are scalping ,then Okay otherwise let the $ZEC HOLDERS decide whiich direction they want to go for...
Remember the TF For BREAKOUT & BREAKDOWN : 4HR.
WE will only enter on successful RETEST for either Long or SHORT.
KEY ZONE :
CONSOLIDATION RANGE :1150-1350
BREAKOUT WATCH :1350-1390 RESISTANCE
BREAKDOWN WATCH : $1105-1159 SUPPORT
ARE you LONG OR SHORT OR WAITING FOR DIRECTION LIKE ME⁉️⁉️⁉️
#ZEC
Guys ,the price is moving around a minor demand zone at $1240.
Yesterday ,I shared two scenarios when price was struggling near $1320. I clearly explained both BULLISH & BEARISH CASE( You can read below in attached SS ).
BEARS again defend the 1350 resistance & price rejected & comes back into consolidation range & now falling b/w lows & highs.
WHAT SHOULD WE DO⁉️
PRICE is Still in b/w two ranges
1150-1350
We need either BREAKOUT above resistance or BREAKDOWN below Support.
Until then don't trade. If you are scalping ,then Okay otherwise let the $ZEC HOLDERS decide whiich direction they want to go for...
Remember the TF For BREAKOUT & BREAKDOWN : 4HR.
WE will only enter on successful RETEST for either Long or SHORT.
KEY ZONE :
CONSOLIDATION RANGE :1150-1350
BREAKOUT WATCH :1350-1390 RESISTANCE
BREAKDOWN WATCH : $1105-1159 SUPPORT
ARE you LONG OR SHORT OR WAITING FOR DIRECTION LIKE ME⁉️⁉️⁉️
#ZEC
