I mentioned last night that ZEC would make a move today, and sure enough, the opportunity came during the day.
I watched all day, and it was clear that the resistance level couldn't hold, with not enough momentum. Even after such a long time, it couldn't break into the strong zone. The capital flow is already very obvious—bears are in control.
So I went short on ZEC directly. The outcome of this round is clear, no point in going against the market.
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I mentioned last night that ZEC would make a move today, and sure enough, the opportunity came during the day.
I watched all day, and it was clear that the resistance level couldn't hold, with not enough momentum. Even after such a long time, it couldn't break into the strong zone. The capital flow is already very obvious—bears are in control.
So I went short on ZEC directly. The outcome of this round is clear, no point in going against the market.