đ $ZEC has fallen for the 5th day in a row (currently +1.25% today), down a cumulative 27.12% over this period.
After so many consecutive down days, most of the positions taken earlier are underwater, and stop-loss orders are pouring out one wave after another. The point when large funds start buying at low levels is usually when the losing streak ends. Watch for long lower shadows and bullish candles on heavy volume.
After so many consecutive down days, most of the positions taken earlier are underwater, and stop-loss orders are pouring out one wave after another. The point when large funds start buying at low levels is usually when the losing streak ends. Watch for long lower shadows and bullish candles on heavy volume.