1,224 has been $ZEC's 4H pivot: 19 touches. Price just lost it and sits under 1,200 with the candle still open. CPI lands Nov 10.
Bias: Bearish (4H: price under all EMAs, but 20/50/200 still stacked bullish)
🎯 Entry short: 1,235 – 1,250 (plan: limit, cancelled before CPI 13:30 UTC; if filled, reduced before the print)
✅ TP1: 1,182
✅ TP2: 1,122
✅ TP3: 1,055
🛑 SL: 1,300
📊 Logic:
• Counter-trend fade inside 1,120-1,388. 1D is still far above its EMA200 (867).
• Entry sits on 1H resistance (1,245, 8 touches) and the 4H EMA200 (1,249). SL clears 1,277.
• $BTC 4H is in a downtrend with RSI 31. A bounce from there would fill the entry.
• Watch out: 1,116 has held 5 times. TP3 is in play only if it breaks.
• 4H ATR is 3.7%, so size stays small.
⚠️ Invalidation: a move through 1,300 kills it. If 1,122 prints before a fill, cancel.
If $ZEC bounces to 1,250, SHORT or LONG? Drop one word 👇
Disclaimer: Personal view, not financial advice. DYOR.
#ZEC #PrivacyCoins #CryptoTrading $ZEC
Bias: Bearish (4H: price under all EMAs, but 20/50/200 still stacked bullish)
🎯 Entry short: 1,235 – 1,250 (plan: limit, cancelled before CPI 13:30 UTC; if filled, reduced before the print)
✅ TP1: 1,182
✅ TP2: 1,122
✅ TP3: 1,055
🛑 SL: 1,300
📊 Logic:
• Counter-trend fade inside 1,120-1,388. 1D is still far above its EMA200 (867).
• Entry sits on 1H resistance (1,245, 8 touches) and the 4H EMA200 (1,249). SL clears 1,277.
• $BTC 4H is in a downtrend with RSI 31. A bounce from there would fill the entry.
• Watch out: 1,116 has held 5 times. TP3 is in play only if it breaks.
• 4H ATR is 3.7%, so size stays small.
⚠️ Invalidation: a move through 1,300 kills it. If 1,122 prints before a fill, cancel.
If $ZEC bounces to 1,250, SHORT or LONG? Drop one word 👇
Disclaimer: Personal view, not financial advice. DYOR.
#ZEC #PrivacyCoins #CryptoTrading $ZEC
