NEUTRAL PERSPECTIVE — $ZEC STILL MAINTAINS STRUCTURE, AREA 400 IS THE REACTION FOCUS
Long trading plan $ZEC
Entry: 410–418
SL: 398
TP1: 450
TP2: 485
TP3: 520
Analysis
The macro triangle structure of $ZEC has been continuously maintained since the end of November, all trend lines are still being respected. Therefore, the probability of maintaining the structure is significantly higher than the probability of breaking it ⚡ For this reason, the area 400 is considered the area with the highest likelihood of a price reaction in the short term.
Prices may slightly dip below 400 to sweep liquidity, but the scenarios forecasting a straight drop to 300 at this time are too early and lack foundation. For that scenario to occur, the market needs to clearly accept prices below the structure (sufficient trading time accompanied by confirming volume) — this has not yet occurred.
