Xiao Jiucai๐ฅฆโs Notes๐
$ZEC ๐โ Multi-sided probability: 35% - 40%๏ฝ Bear-side probability: 60% - 65%
โ ๏ธโ Moving average alignment (trend): In short- to mid-term cycles (e.g., 30 minutes, 1 hour, 2 hours), the short-term moving averages (e.g., MA45, MA55) have already crossed downward and are suppressing the price. The price has broken below multiple key moving averages, indicating that the momentum for short-term pullbacks and bearish pressure is being released.
โ ๏ธโ Pattern and support: The daily chart and Fibonacci retracement show that after the previous high at 688.60 met strong selling pressure and fell back, price is currently testing below the 0.618 level (about 521.89) or seeking support toward 0.5 (about 470.56). If key support breaks, downside space will open further.
๐ Long
โ Entry: 470 - 480 USDT
โ Stop loss: Below 465 USDT (if it breaks, it means the bullsโ defense line is breachedโmust strictly cut loss).
โ Take profit levelsโณ๏ธ
โ First take profit: 505 (near the moving average resistance zone)
โ Second take profit: 521 (Fib 0.618 resistance level)
๐ Short
โ Entry: About 498 - 505
โ Stop loss level: Recommended above 512 USDT.
โ Short take profitโณ๏ธ
โ First take profit: 470
โ Second take profit: 421 USDT
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