Looking at the 4-hour K-line, ZEC has been rising for four consecutive cycles, but it couldn't hold at the key resistance level of 451. It has now corrected downward, and the K-line has turned into a bearish candle. On the 1-hour chart, the KDJ indicator is starting to diverge downward, and the price is oscillating above the middle band of the Bollinger Bands, with no clear breakout direction.
From a multi-timeframe perspective, short-term bearish signals are gradually emerging.
**Trading Ideas** - Consider shorting on rebounds to the 452-458 range, with the first target at 435-425 - If it breaks below 435, look further down to 400
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.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
GasFeeNightmare
· 17h ago
This level at 451 is really a hurdle. After rising for four consecutive cycles, it still hasn't broken through. Now that the bearish signals are so obvious, you must decisively open short positions on a rebound.
View OriginalReply0
GasFeeVictim
· 18h ago
451 can't break through. This time, the bulls are still too inexperienced, and they've been driven back directly.
View OriginalReply0
LiquidatorFlash
· 18h ago
451 couldn't hold again, this resistance level is just a hurdle. The four consecutive periods of increase show that the market still has strength, but I need to keep a close eye on the KDJ divergence signal. Wait for the rebound to 452 before considering short positions. Risk control must be strict.
View OriginalReply0
0xTherapist
· 18h ago
Still can't get past this hurdle 451, the bears are gaining momentum.
View OriginalReply0
CounterIndicator
· 18h ago
451 couldn't hold up, I was just saying that this wave of increase was too rapid, and the bearish signals came out quite quickly.
#数字资产市场动态 ZEC Market Quick Check | December 25
Looking at the 4-hour K-line, ZEC has been rising for four consecutive cycles, but it couldn't hold at the key resistance level of 451. It has now corrected downward, and the K-line has turned into a bearish candle. On the 1-hour chart, the KDJ indicator is starting to diverge downward, and the price is oscillating above the middle band of the Bollinger Bands, with no clear breakout direction.
From a multi-timeframe perspective, short-term bearish signals are gradually emerging.
**Trading Ideas**
- Consider shorting on rebounds to the 452-458 range, with the first target at 435-425
- If it breaks below 435, look further down to 400