source avatarDaan Crypto Trades

Share

$ZEC Has been consolidating for the past 6 weeks. The structure itself doesn't look bad considering the market environment we've been in. But you'd want to see a convincing break and hold above that ~$1375 level first. That should kick off the next bigger move. On the downside, the bulls would want to keep holding these higher lows. Below $1120 would break this slow grind higher and it would turn downwards quickly. So those are the levels I'm watching. No man's land here. Just watching from a trade perspective.

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.