ZEC hourly chart shows that after the price retraced to around 354, it dipped again. The Kunkou trend is not over yet. On the technical indicators, the KDJ indicator is turning downward and forming a death cross, and the MA monthly line has crossed below the weekly line. The downward trend is still ongoing.
Personal suggestion, for reference only (strictly set stop-loss) ZEC can range around 348-355, with a target of 330-300
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ZEC hourly chart shows that after the price retraced to around 354, it dipped again. The Kunkou trend is not over yet. On the technical indicators, the KDJ indicator is turning downward and forming a death cross, and the MA monthly line has crossed below the weekly line. The downward trend is still ongoing.
Personal suggestion, for reference only (strictly set stop-loss)
ZEC can range around 348-355, with a target of 330-300