#mi_395 $ZEC UPDATE: ZEC is in bearish trend and expected | The Cognitive Trader on Binance Square

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Bearish

#mi_395 
$ZEC UPDATE:
ZEC is in bearish trend and expected to drop further till ( 375 ).
#WriteToEarnUpgrade 
ZECUSDT
Perp
444.74
-0.70%

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#mi_395 This is how a perfect setup work 🤞🏻 If you see my previous post on $LIGHT coin Liquidity Chart then you can understand how I open short on $LIGHT even in a strong bullish trend. This was very easy. On the $LIGHT liquidity chart, the liquidity of long positions was clearly visible at the price level where most long positions get liquidated. You just needed to find one confirmation on the chart that suggested people would start booking profits, and from that point you had to open a short toward the liquidity price. #CPIWatch #BinanceBlockchainWeek

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#mi_395 $LIGHT Liquidation Chart: Currently LIGHT coin holds maximum 1.15M liquidity of long position at the price of 2.93 which indicates that more people are in long now but this level can be sweeped and liquidity will be taken when they start booking their profits on the Top. In simple words LIGHT is currently in buyers control so don't short it until you see any confirmation that these traders booking profit when you find they are now ready to book profit then open a short position and hold smoothly till ( 2.93 ). #TrumpTariffs #WriteToEarnUpgrade

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#mi_395 $LIGHT UPDATE: LIGHT coin still in bullish trend and continue breaking it's all time highs ( ATH ) after retest , as per the structure I am now expecting a small retest as it break it's ( ATH ) again and then I expect a new ( ATH ) around ( 5.5 - 6 ) to the next box mentioned in the chart. #BTCVSGOLD #TrumpTariffs

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#mi_395 $LIGHT UPDATE: As it's already in bullish trend I expect it to pump more after a small retest, at least it can touch 4.33+ I strongly advise to do not open short for now. #USJobsData #WriteToEarnUpgrade

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#mi_395 F/USDT ( long ) #TrumpTariffs

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