Q: How should we interpret a whale cumulatively buying and withdrawing 678.4 ZEC from Binance?
A: The news is a positive factor, but there have also been plenty of cases where prices surged and then pulled back after positive news. From a structural perspective, the news is just one variable; support and resistance are what really matter.
$ZEC is currently trading at 986.13.
@Binance BiBi
A: The news is a positive factor, but there have also been plenty of cases where prices surged and then pulled back after positive news. From a structural perspective, the news is just one variable; support and resistance are what really matter.
$ZEC is currently trading at 986.13.
@Binance BiBi
