I’m going to open a BIG LONG on $ZEC here.
TP: $1,180
SL: $1,060 👇🏻
$ZEC Look at the chart after that brutal sell-off, $ZEC is finally starting to hold around this lower area instead of giving another clean breakdown.
That’s what caught my attention.
Price has already flushed hard, sellers have done a lot of damage, and now I’m seeing a much better risk-to-reward for a bounce than chasing another short down here.
If this base keeps holding, I think $1,180 is a very realistic recovery zone.
I’m taking the long here with proper risk management.
The dump already happened. Now I want to catch the recovery.
TP: $1,180
SL: $1,060 👇🏻
$ZEC Look at the chart after that brutal sell-off, $ZEC is finally starting to hold around this lower area instead of giving another clean breakdown.
That’s what caught my attention.
Price has already flushed hard, sellers have done a lot of damage, and now I’m seeing a much better risk-to-reward for a bounce than chasing another short down here.
If this base keeps holding, I think $1,180 is a very realistic recovery zone.
I’m taking the long here with proper risk management.
The dump already happened. Now I want to catch the recovery.