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ZEC bulls with a 95% win rate? This rebound has to wipe out the shorts.
$ZEC /USDT - go LONG
Trading plan:
Entry: 520.25 – 523.83
SL: 504.86
TP1: 534.92
TP2: 543.51
TP3: 556.39
Why focus on this structure?
- On the 4-hour timeframe the trend is clearly bullish, and the daily line has bulls aligned, with EMA support effective.
- RSI on the 15-minute chart is 62.1, not overheated, still room to move up.
- Entry at 522.04, TP1 at 534.92, TP2 at 543.51, extremely high risk-reward ratio.
- Why now? When price pulls back to around 522, it’s the golden window for LONG.
Discussion:
Will this ZEC move first to TP2 or is it a bull trap? What do you think?