ZEC on the M30 chart has established a clear short-term trend
First is a gradually increasing bottom peak, this is a signal of stronger buying power than selling power
In addition, the price continuously lies above and quite far from the MA99 line, which proves that the buying power is very good and completely dominates the selling power.
Currently, right on the trendline, there is a signal from the EG candle pair indicating an upward trend, this is a very good entry point
Expected stop loss: 415
The nearest target area is the round number 520
Note: this is not investment advice
ZECUSDT
Perp
440.99
+11.44%