ZEC Update (1W)

14 août 2024

For ZEC, we considered two diametric or triangle scenarios, and we had spot purchases on ZEC at much lower prices in VIP.

Considering the overall crypto market scenario, it makes sense to consider a large triangle for ZEC instead of a large diametric.

From the red range, the triangle formed by ZEC can end and ZEC will become bearish in the medium and long term.

Closing a weekly candle above the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

5 févr.

Transaction en cours

It beautifully reached the designated zone and got rejected by more than 60%.

This outlook on ZEC was correct.