source avatarAfnova Avian

Share

#ZEC is starting to look interesting on the monthly chart. The bigger picture shows a long accumulation range followed by a strong breakout. ZEC has now moved above the major range resistance and is trading around $1,162. If this breakout holds, I’d be watching the next major levels rather than chasing every candle. Trade Setup: Entry: $950–$1,150 TP1: $1,400 TP2: $2,250 TP3: $3,600+ SL: $820 The key level is the previous breakout zone. If ZEC can hold above it on higher timeframes, the chart could have significantly more room to run. Invalidation below $820 would make me reconsider the bullish setup. Not financial advice. Manage risk accordingly. $ZEC

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.