Recently, the surge of ZEC has exceeded 50 times, with the current market capitalization reaching 11.2 billion USD. At such high levels, it is extremely difficult for market makers to continue pumping. However, from the weekly chart perspective, the trend has not been broken yet, and those chasing rising prices need to be especially cautious; once the trend reverses at this position, a collapse could happen in an instant.



I personally tend to wait for a clear trend reversal and the appearance of a turning point signal before positioning for a short. This way, I can defend with a very small stop-loss while also having the opportunity to maximize the risk-reward ratio.
ZEC-11,99%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)