$ZEC - favoring the SHORT side (x20)
Most $ZEC traders are watching direction, not the shrinking candle range.
TRADE PLAN
Entry zone: 1149.29 - 1152.33 (ref 1151.266)
TP1: 1134 (+1.50%)
TP2: 1121 (+2.63%)
TP3: 1108 (+3.76%)
Stop loss: 1167.27 (-1.39%)
A short idea is on the table but price action is still quiet, with the average 30-minute candle spanning only about 1.1% high to low. A calm range like that makes any clean break easier to spot. Price sits in the entry zone while the stop is 1.4% away, and a close back above 1149.29 would weaken the short case.
The first one cost me earlier. Taking the setup again at the same size, not a larger one.
⚠️ Personal market insight, not investment advice. DYOR.
Most $ZEC traders are watching direction, not the shrinking candle range.
TRADE PLAN
Entry zone: 1149.29 - 1152.33 (ref 1151.266)
TP1: 1134 (+1.50%)
TP2: 1121 (+2.63%)
TP3: 1108 (+3.76%)
Stop loss: 1167.27 (-1.39%)
A short idea is on the table but price action is still quiet, with the average 30-minute candle spanning only about 1.1% high to low. A calm range like that makes any clean break easier to spot. Price sits in the entry zone while the stop is 1.4% away, and a close back above 1149.29 would weaken the short case.
The first one cost me earlier. Taking the setup again at the same size, not a larger one.
⚠️ Personal market insight, not investment advice. DYOR.