#CryptoTrading. #TechnicalAnalysiss #Signal🚥.
📊Technical Analysis (1 hour) $ZEC /USDT
The ZEC/USDT price is fluctuating around 267–270 USD with a slight decrease (-0.19% per day), but with a strong weekly growth (+23.1%). Trading volume is high (~$478 million per 24 hours), indicating increased interest. ZEC broke a multi-year support line (from 2020–2024), forming a bullish reversal from the $220–230 demand zone, with the potential to $290+ in the short term.
Key indicators (based on screenshot and current data):
• Bollinger Bands (20.2): Price near the upper band (UP: 295.55), which signals overbought conditions, but in the context of an uptrend, continued growth is likely. The middle line (MB: 278.65) is a key support.
• MACD: DIF 6.88, DEA 5.05, histogram 1.83 — bullish crossover (DIF > DEA), positive momentum.
• RSI: ~45K (probably 45–50) — neutral, not overbought, room for growth.
• Volume: Growing (37M+), with green bars — confirms bullish pressure.
• Trend: General uptrend with yellow MA line, resistance broken; possible H&S pattern in favor of the bulls.
Signals:
🟢Buy (Long): Open at support 265–270 USD (near MB Bollinger). Take profit: 295 USD (upper Bollinger) or 302 USD (local high). Stop loss: 250 USD (lower Bollinger). Probability: High (70%+), due to bullish momentum and privacy narrative.
🔴Sell (Short): Only if a breakout below 261 USD (DN Bollinger) with a close. Take Profit: 240 USD. Stop Loss: 280 USD. Probability: Low (30%), risk of correction due to FOMO.
‼️Recommendation: Hold long positions, monitor volume.