$ZEC Both bulls and bears can find reasons, but once you look at the upper and lower boundaries, there actually isn’t much comfortable room.
This time, let’s ignore the gainers and losers list and look only at the price position. The current price is 1,284, about 5.21% above the 1-hour support at 1,217.12 and about 0.23% below the resistance at 1,287.
My criteria are simple: only a break above 1,287 followed by continuation would count as an upside continuation; a break below 1,217.12 invalidates the previous assessment. The 1-hour and 4-hour trends are both strong, with RSI at 70 and 67, resp