7.26$ZEC Afternoon Analysis

The 4-hour MACD dual lines have been running long-term below the zero axis in a deeply bearish zone; the bearish green histogram has kept expanding. Currently, DIF turns upward and crosses above DEA to form a low-level golden cross; the bearish green histogram has completely disappeared, and a small amount of bullish red histogram is formed. After months of sustained downside momentum, the bearish force has greatly weakened, and the bullish momentum from an oversold rebound has begun to slowly accumulate. However, both lines are still below the zero axis, and the overall long- to mid-term bearish trend has not been fully reversed. For short-term trading, YiFan’s personal suggestion: around 435-472, hold/lean there; target around 518-570 #BTC #ETH #ZECUSDT