$ZEC
just swept the 1,113 low and bought it back.
The level everyone was watching was 1,113. ZEC dropped under it, wicked down to about 1,054, took the stops, and ripped back above. It's now at 1,184, up 3.2% on the day and about 12% off the wick low.
That's the move I was waiting for. Dipping under a low isn't what matters. Getting back above it is.
My call: ZEC takes 1,212 next, about 2.4% above price, then runs at 1,311, about 11% up. Those are the 0.236 and 0.382 on the fib off this drop.
The line that keeps this alive is 1,113. A 4h close back under it means the sweep was a real breakdown, and a loss of 1,054 kills the idea completely.
Weak hands sold under the low. The close back above it decides who was right.
Does ZEC reach 1,311 or reject at 1,212? Drop your call below 👇
#ZEC #Zcash #CryptoAnalysis
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just swept the 1,113 low and bought it back.
The level everyone was watching was 1,113. ZEC dropped under it, wicked down to about 1,054, took the stops, and ripped back above. It's now at 1,184, up 3.2% on the day and about 12% off the wick low.
That's the move I was waiting for. Dipping under a low isn't what matters. Getting back above it is.
My call: ZEC takes 1,212 next, about 2.4% above price, then runs at 1,311, about 11% up. Those are the 0.236 and 0.382 on the fib off this drop.
The line that keeps this alive is 1,113. A 4h close back under it means the sweep was a real breakdown, and a loss of 1,054 kills the idea completely.
Weak hands sold under the low. The close back above it decides who was right.
Does ZEC reach 1,311 or reject at 1,212? Drop your call below 👇
#ZEC #Zcash #CryptoAnalysis
like and follow for more