$ZEC / $USDT (1H) - Cooling Off After the Heat!
#zcash has been on an absolute tear lately, hitting $643, but it looks like the bulls are finally catching their breath. We're seeing some clear exhaustion on the 1H chart, and there's a pretty massive gap (FVG) sitting right below us that the market loves to fill.
I'm looking at a short-term scalp here to catch the retracement.
Trade Positions : SHORT (Scalp)
Entry: $548.00 - $558.00
TP 1: $530.00
TP 2: $515.00
TP 3: $490.00
Stop-Loss: $588.00
Note: This is counter-trend, so keep your risk tight! Once we hit $490, I’ll be flipping my bias to look for long entries again.
#zec #Crypto #trading