ZEC Analysis on the Morning of 11.17


The 4-hour cycle shows a clear "wave-shaped decline" structure. After the technical indicators quickly dropped from the upper band to below the lower band, they continued to run closely along the lower band, indicating a clear short-term bearish dominance. The daily chart has closed with a downward trend, and although the current price is above the middle band, the pressure from above is significant.

The trading strategy is mainly to short: ZEC can be positioned for short orders in the 700-715 range, looking down to the 650 line.
ZEC-7,36%
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