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John_Profits
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Bullish
John_Profits
·
--
Bearish
Make a short film at $ZEC

I'm sharing the summary of the analysis for the setup. No signals, just real structure and technical context.

🔍 What did I see on the chart?

— In 4H, the price approaches the monthly POC and the upper part of a downward channel
— This confluence makes me think of a possible reversal, especially when adding an overbought RSI
— The structure indicates that the momentum could be losing strength

📉 In 15M:

— The price clearly rejects the area of $400, which also acts as a psychological resistance ("zeros") leaving a consolidation area that I hope will act as resistance for the SL
— A bearish Break of Structure (BOS) and an internal Lower Low (LL) are formed ➤ that was my entry trigger

🎯 TP1: before the weekly POC, at $366
🛡️ SL: already moved to Break Even (BE) after confirmation of the movement by leaving a new LL

💬 What do you think of this setup?
#TradingSignals #TradingCommunity
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ZEC-4.95%
1
676
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