$ZEC - LONG momentum in focus (x10)
Hey guys, $ZEC's last 30-minute candle came in on 44% of normal volume.
- That 44% means few traders showed up for the move, so conviction is thin right now.
- Price still sits 4.9% above the 200 EMA with the 34 and 89 EMAs stacked underneath, a normal distance for a trend.
Ever traded a move this quiet and had it work out anyway?
Setup:
Entry: 1313.16–1319.04
TP1: 1349
TP2: 1384
TP3: 1413
SL: 1283.22
The first one paid part of the way. Second entries are rarely as clean, so I am going smaller.
⚠️ Personal market insight, not investment advice. DYOR.
Hey guys, $ZEC's last 30-minute candle came in on 44% of normal volume.
- That 44% means few traders showed up for the move, so conviction is thin right now.
- Price still sits 4.9% above the 200 EMA with the 34 and 89 EMAs stacked underneath, a normal distance for a trend.
Ever traded a move this quiet and had it work out anyway?
Setup:
Entry: 1313.16–1319.04
TP1: 1349
TP2: 1384
TP3: 1413
SL: 1283.22
The first one paid part of the way. Second entries are rarely as clean, so I am going smaller.
⚠️ Personal market insight, not investment advice. DYOR.
