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ZEC/USD has hit a fresh 1-year low at 18.8, and the bearish trend persists, although there's some stability evident with weekly support and daily performance showing resilience. Gradually, buyers are entering the scene, indicating a gradual shift from bearish to bullish sentiment, albeit this transition may take time. Presently, there remains the possibility of additional downward movements before an upward trajectory ensues.
TradeWithTheTrend3344
ZEC/USD has hit a fresh 1-year low at 18.8, and the bearish trend persists, although there's some stability evident with weekly support and daily performance showing resilience. Gradually, buyers are entering the scene, indicating a gradual shift from bearish to bullish sentiment, albeit this transition may take time. Presently, there remains the possibility of additional downward movements before an upward trajectory ensues.
TradeWithTheTrend3344
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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.