$ZEC - LONG scenario looks stronger (x10)
$ZEC, 1-hour. RSI at 58 and 58, both sides of the clock reading the same.
What looked easy to wave off is that the 1-hour and 4-hour RSI both land at 58, which says buyers hold the edge without running hot yet. The 15-minute sits at 49, so the fastest reading has cooled to neutral while the slower two stay warm.
Price is already inside the entry zone, the stop sits 2.0% from entry and the first target is 2.2% away. BTC is in the top 18% of its 2-day range, so this long leans on a market with little room left to climb.
Does the 15-minute RSI at 49 look like a pause to you, or the start of something softer?
Setup:
Entry: 1290.91–1295.77
TP1: 1321
TP2: 1348
TP3: 1367
SL: 1266.46
⚠️ Personal market insight, not investment advice. DYOR.
$ZEC, 1-hour. RSI at 58 and 58, both sides of the clock reading the same.
What looked easy to wave off is that the 1-hour and 4-hour RSI both land at 58, which says buyers hold the edge without running hot yet. The 15-minute sits at 49, so the fastest reading has cooled to neutral while the slower two stay warm.
Price is already inside the entry zone, the stop sits 2.0% from entry and the first target is 2.2% away. BTC is in the top 18% of its 2-day range, so this long leans on a market with little room left to climb.
Does the 15-minute RSI at 49 look like a pause to you, or the start of something softer?
Setup:
Entry: 1290.91–1295.77
TP1: 1321
TP2: 1348
TP3: 1367
SL: 1266.46
⚠️ Personal market insight, not investment advice. DYOR.
