$ZEC: Bullish Divergence Flashed on $ZEC Daily Chart Structure
LONG SETUP ZEC
Entry: $1319.00 - $1322.00
Stop Loss: $1267.68
Take Profit: $1426.14 (2R)
Key Levels: Support $1317.22 | Resistance $1344.00
Technical Analysis for $ZEC: ZEC trades above EMA9, EMA21 and EMA50, and the MACD histogram is positive, indicating shortterm bullish pressure. Stochastic is high (78) and price sits just over the upper Bollinger band, a classic overbought warning. Watch the 1hour support at 1317; a break below would invalidate the long bias. A clear close above 1344 would confirm the upside move.
Market Context: BTC remains in a bullish trend on both 4hour and daily frames, and the broader crypto market is broadly positive with 81.4%
Can $ZEC hold support and challenge resistance? Follow for more data-led market setups.
LONG $ZEC
LONG SETUP ZEC
Entry: $1319.00 - $1322.00
Stop Loss: $1267.68
Take Profit: $1426.14 (2R)
Key Levels: Support $1317.22 | Resistance $1344.00
Technical Analysis for $ZEC: ZEC trades above EMA9, EMA21 and EMA50, and the MACD histogram is positive, indicating shortterm bullish pressure. Stochastic is high (78) and price sits just over the upper Bollinger band, a classic overbought warning. Watch the 1hour support at 1317; a break below would invalidate the long bias. A clear close above 1344 would confirm the upside move.
Market Context: BTC remains in a bullish trend on both 4hour and daily frames, and the broader crypto market is broadly positive with 81.4%
Can $ZEC hold support and challenge resistance? Follow for more data-led market setups.
LONG $ZEC
