💥✨️💢 Zcash (ZEC): Short-term entry possibilities compared to other altcoins

This isn't a detailed analysis, more like a time-based short-term opportunity.

ZECUSDT is in an inverted corrective pattern, encountering resistance at the 0.236 Fibonacci retracement level, which is wave B of ABC, providing a shorting opportunity.

This perfectly repeats the pattern on the left side of the chart, and since we have a lower high, a bearish continuation can be expected.

Compare this chart with ETH, ADA, SOL, WLD, FET, XRP, etc., and you'll see significant differences. While Zcash formed a major wave and is trading near resistance, all the mentioned altcoins experienced sharp declines and are approaching support levels.

These altcoins are just beginning to recover from the bottom. ZEC went through a complete bull cycle and moved downward from the high. Another example is ALGO, even ORDI, COIN, or TRUMP.

Sell at resistance (when prices are high), buy at support (when prices are low).

Do some altcoins fall when others rise? Yes, we've seen this hundreds of times before.

Some projects have been rising for months, while others have been crashing for consecutive months. Each chart must be considered individually.

From different perspectives, if you're a buyer and holder, there are better projects to choose from that are just starting to grow (NEAR, XLM, INJ, TIA), with plenty of room for upside.

💥 Whatever you do, choose carefully, never rush, the market will always give a second chance. Take your time to prepare and plan.

#MyGateTradeStory

$ZEC ‌$SOL ‌$XRP ‌