Is $ZEC ‌ actually going to pull off a miracle and break the cycle?


Look at this recovery. After that nasty drop from the $394 peak, we found a solid floor around $280 and now we’re staring down $356. The momentum is clearly there with a 10% pump today, but don't ignore that order book.
Seeing nearly 78% sell pressure on the books right now. That usually means there’s a massive wall of limit orders waiting to swat this back down near the $360 to $370 resistance zone.
If we can flip $362 into support, we’re probably heading back to the $390s for a retest. If we fail here, I’m looking for a pullback to $320 to see if buyers are still interested.
Are you taking profits here or betting on the breakout?

#WCTCTradingKingPK
ZEC2,84%
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