Zcash / Bitcoin
Short

ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW)

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ZECBTC D1: Detailed trade plan BEARS/BULLS 30%/60%(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: ZECBTC daily chart review/outlook
::: bear flagging on daily
::: 6500 heavy mirror S/R level
::: shorting from overhead is great
::: BEARS will target re-test of 4500
::: 30% downside / gains on sell side
::: seek to SHORT HIGH
::: chart currently transitioning into BEAR
::: mode so just adopt to new strategy
::: let's take it one step at a time though
::: recommended strategy: SHORT HIGH
::: short near 6500 TP bears is 4500 USD
::: SHORT/HOLD setup / swing trade setup
::: for patient traders only / no fast gains here
::: re-test of 4500 required now to complete
::: the sequence for the BEARS
::: BULLS should seek to reload near 4500 USD
::: TP bulls is 60% gains later BUY/HOLD
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment outlook short-term: RANGE/MIXED

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