ZEC - Holders capitulating๐ฑReasons to take short:
โญ๏ธ BTC bearish
โญ๏ธ Level is 4 days long
โญ๏ธ Price at historical lows
โญ๏ธ Previously trapped bulls with nice-looking trendline
โญ๏ธ Dense range
โญ๏ธ 8th touch
โญ๏ธ 40 ATR
โญ๏ธ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments๐๐
If you like the idea, please give it a like. This is the best "Thank you!" for the author ๐
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones