Institutional liquidity is quietly building up at key support levels while retail traders are still reeling from the recent historic drop.
$ZEC vs USDT - Buy trade
Trading Plan
Entry: 473.57
Stop Loss: 440.00
Target 1: 494.50
Target 2: 550.00
Target 3: 614.00
Why this setup?
After a violent liquidity sweep that hit the bottom at 250, the price structure has stabilized nicely and is beginning to consolidate strongly above the fast-moving average support areas on the daily chart. This healthy price foundation is gaining extra strength from the clear bullish crossover of the MACD and the Relative Strength Index holding steady at the neutral zone of 50.97, reflecting weakened overhead selling pressure and paving the way for a strong buying surge aimed at decisively breaking through the 25-period moving average liquidity.
Discussion
Will this daily consolidation trigger a fierce upward wave that brings the price back to its all-time highs, or will the overhead resistances form an impenetrable wall against buyers?
Click here to trade 👇
$ZEC vs USDT - Buy trade
Trading Plan
Entry: 473.57
Stop Loss: 440.00
Target 1: 494.50
Target 2: 550.00
Target 3: 614.00
Why this setup?
After a violent liquidity sweep that hit the bottom at 250, the price structure has stabilized nicely and is beginning to consolidate strongly above the fast-moving average support areas on the daily chart. This healthy price foundation is gaining extra strength from the clear bullish crossover of the MACD and the Relative Strength Index holding steady at the neutral zone of 50.97, reflecting weakened overhead selling pressure and paving the way for a strong buying surge aimed at decisively breaking through the 25-period moving average liquidity.
Discussion
Will this daily consolidation trigger a fierce upward wave that brings the price back to its all-time highs, or will the overhead resistances form an impenetrable wall against buyers?
Click here to trade 👇