$ZEC Large Cycle Layout Reference: ZEC, which is strong in the counter-trend, is worth paying attention to

From the weekly level, ZEC has already formed an effective breakout, with the key support area around 370. For those who have already laid out positions at low levels, it is recommended to hold steady. The first target position above is around 598, in this area you may consider reducing positions appropriately or taking out the cost first.

At the same time, around 598 is also a position to consider shorting, but remember not to place orders directly; it's best to observe the candlestick patterns before acting. If you choose to place a limit order to enter, be sure to include a stop loss.

From a larger cycle perspective, ZEC may see a peak in the range of 598-720. In this area, control your position for short positions, hold long positions at lower multiples, and the risk-reward ratio is still quite reasonable.

If the price really pushes to the 650-720 range, I would consider building short positions in batches; my personal judgment is that the top is likely to fall in this area. The first target for short positions is 375; if it breaks down, you can add to your position accordingly. This wave of market may return to where it started.

A bit of background on Fuchi:

ZEC (Zcash) focuses on privacy protection, launched in 2016, with a total supply and halving mechanism similar to Bitcoin, both at 21 million coins, halving every 4 years. Its characteristic is strong anonymity, suitable for scenarios with high demand for trading privacy.

Note:

The above is a personal observation and operational thought sharing, not investment advice. Cryptocurrency is highly volatile; having a good stop loss and risk control is the first principle of survival.

Follow Captain Fuchi, laying out positions in advance every day on the ship! If you want to follow Fuchi's ship in real time, we synchronize building positions; if we earn, we earn together; if we lose, we lose together! #币安HODLer空投MMT