ZEC, forming a double head decline.
The following content is machine translation:
In the 1-hour chart, after breaking through the 70 resistance, it pulled up and stepped back to 70 and continued to rise sharply to 82. At present, it has formed a double-headed decline near 82, and there is support at 75.
The top of the indicator macd diverged from the bearish trend and the top of the RSI indicator diverged below the neutral 50 to reach bearish territory.
Summary: The double-headed falling pattern and bearish indicators have a high probability of continuing to fall. Operationally, below 75 support and look around 70.
In the 1-hour chart, after breaking through the 70 resistance, it pulled up and stepped back to 70 and continued to rise sharply to 82. At present, it has formed a double-headed decline near 82, and there is support at 75.
The top of the indicator macd diverged from the bearish trend and the top of the RSI indicator diverged below the neutral 50 to reach bearish territory.
Summary: The double-headed falling pattern and bearish indicators have a high probability of continuing to fall. Operationally, below 75 support and look around 70.
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