Buyers are sitting right on a demand zone on $ZEC , and I like what this level is doing 🔥
I'm opening a BIG LONG on $ZEC now.
TP: 1,140-1,240
Invalidation
Price has reached a demand zone, and buyers are already pushing it upside from there. Sellers also left an imbalance behind on the way down, and that is the part I'm paying most attention to.
I think this zone pushes price up and clears the whole displacement, which can take price toward 1,180-1,200. There is good liquidity sitting around that area, and price usually goes to collect liquidity like that ‼️
So I'm not guessing here, I'm buying where buyers are already active and following the move toward the liquidity above 💯#HuangRisksOusterOverReportedAffairWithSubordinate #ZcashFallsBelow$1000ForFirstTimeSinceSeptember
I'm opening a BIG LONG on $ZEC now.
TP: 1,140-1,240
Invalidation
Price has reached a demand zone, and buyers are already pushing it upside from there. Sellers also left an imbalance behind on the way down, and that is the part I'm paying most attention to.
I think this zone pushes price up and clears the whole displacement, which can take price toward 1,180-1,200. There is good liquidity sitting around that area, and price usually goes to collect liquidity like that ‼️
So I'm not guessing here, I'm buying where buyers are already active and following the move toward the liquidity above 💯#HuangRisksOusterOverReportedAffairWithSubordinate #ZcashFallsBelow$1000ForFirstTimeSinceSeptember
