ZEC is sitting on the demand zone. Everytime the price drops to this zone, it bounces off quickly as you can see we have so many Hammer-like candles around this zone. A huge sysmetric triangle is forming and about to be broken. Also, ZEC is sitting on 200EMA on the daily.
I took a long position here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
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I took a long position here.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
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Trade active
Also, the price is on the golden pocket zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.