First, let's look at the news aspect:
Now looking at the technical aspect:
After watching the K-line chart for an hour, ZEC's current price is $452.94, with a 24-hour increase of 9.63%. This increase looks quite impressive. However, we shouldn't get carried away just by this upward trend. I've noticed a situation where the MACD's yellow and white lines are above the 0 axis, but there are signs of a potential dead cross forming, which is not a good sign; risk might be approaching.
I can guarantee that among ten people in the current market, nine are struggling with the same question: should we hurry to buy, or is it better to run away to save ourselves?
Here comes the key. The following key price levels directly relate to whether the money in your pocket increases or decreases.
Take another look at the position. There are 16.43 million ZEC locked in the contract. If the market direction is judged incorrectly, how many people will lose everything and go bankrupt!
Ah Bai's operation reference, everyone can use it as needed:
If you're trading spot:
For those with a lot of goods in hand, when the price is around 533, sell part of it to secure some profits.
For those with少量货, don't rush to buy when you see the price rise. Wait until the price pulls back to around 386 before buying in gradually in several batches.
For those who don't have any goods yet, rushing in now is too risky. It's better to stabilize first and wait for a more suitable buying price before taking action.
If you're trading contracts:
When the price rises to around the two resistance levels of 533 and 596, you can try to short a small amount, but make sure to set a stop loss.
When the price drops to the range of 386 to 322, look for opportunities to go long, and similarly set a stop loss!
Ah Bai is recently planning to ambush a potential coin with a high probability of a strong breakout, expecting a return of 7-10 times is not a problem. Friends who want to take advantage of this big opportunity, share directly in the chat room.
