đ $ZEC : Is another liquidity sweep coming?
After rallying toward $1,900, Zcash has corrected sharply and is now trading around $1,225.
My scenario:
â Sweep the local highs
â Reject back below resistance
â Flush toward $1,150â$1,100
â Watch for a reclaim that could fuel another recovery
đ Losing support could extend the correction.
đ Reclaiming resistance could invalidate the bearish setup.
â ïž I wouldn't trade the sweep blindly. The reaction afterward matters most.
Would you buy a confirmed reclaim or wait for a deeper pullback?
After rallying toward $1,900, Zcash has corrected sharply and is now trading around $1,225.
My scenario:
â Sweep the local highs
â Reject back below resistance
â Flush toward $1,150â$1,100
â Watch for a reclaim that could fuel another recovery
đ Losing support could extend the correction.
đ Reclaiming resistance could invalidate the bearish setup.
â ïž I wouldn't trade the sweep blindly. The reaction afterward matters most.
Would you buy a confirmed reclaim or wait for a deeper pullback?