$ZEC looks weaker after the 860.28 spike, but I would not short this price yet.
WATCH $ZEC
Entry: 802-808
Trigger: Rejection from 802-812 + move back below 795
SL: 823
TP1: 780 | TP2: 767 | TP3: 740 conditional
R:R: 1.67R to TP1, 2.53R to TP2, 4.33R to TP3
The problem with shorting around 793 is simple: EMA99 sits at 788.02, so the trade is too close to support.
I want the bounce into resistance first.
Invalid above 823.
Would you wait for the rejection or trade the breakdown?
⇢ Click here to Trade 👇️
WATCH $ZEC
Entry: 802-808
Trigger: Rejection from 802-812 + move back below 795
SL: 823
TP1: 780 | TP2: 767 | TP3: 740 conditional
R:R: 1.67R to TP1, 2.53R to TP2, 4.33R to TP3
The problem with shorting around 793 is simple: EMA99 sits at 788.02, so the trade is too close to support.
I want the bounce into resistance first.
Invalid above 823.
Would you wait for the rejection or trade the breakdown?
⇢ Click here to Trade 👇️