ZEC - Holders capitulatingπ±Reasons to take short:
βοΈ BTC bearish
βοΈ Level is 4 days long
βοΈ Price at historical lows
βοΈ Previously trapped bulls with nice-looking trendline
βοΈ Dense range
βοΈ 8th touch
βοΈ 40 ATR
βοΈ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the commentsππ
If you like the idea, please give it a like. This is the best "Thank you!" for the author π
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones