ZEC's recent market movement is quite interesting. The volume has surged, and a long bullish candlestick has directly broken through the downward channel, indicating that the bearish pattern is clearly loosening. The KDJ indicator has also shown a golden cross, and this kind of rebound signal after an oversold condition usually doesn't come for nothing.
From a price position perspective, it has already moved far away from the moving averages, forming a clear divergence. The bullish momentum for a counterattack is still quite sufficient. The previous high is right there, and the target points to that range. Based on the current pace, if it can stabilize at key levels, the $750 to $800 range has a real chance.
The opportunity to catch the bottom indeed can't be missed, but timing is crucial. The returning bulls need to confirm their resolve and see if this rebound can be sustained. For now, it looks like the bulls have a good shot.
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JustHereForAirdrops
· 01-11 14:22
The Longyang breakout channel pattern has been seen too many times; the key is whether it can hold or not, don't let it crash down again.
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BanklessAtHeart
· 01-11 01:40
zec this move does have some substance, but whether it can hold the 750-800 range depends on stability; just a golden cross isn't enough.
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NFTBlackHole
· 01-09 15:26
Wait, should I just jump in when KDJ shows a golden cross? I need to see if it can pull back for confirmation.
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MetaNeighbor
· 01-09 12:25
Just buy the dip, no need to do all these technical analysis things. As long as it goes up, it's fine.
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MeltdownSurvivalist
· 01-08 14:52
Oh no, can this wave really hold steady at 750? It feels a bit uncertain.
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OvertimeSquid
· 01-08 14:51
Yes, the KDJ golden cross really needs to be watched closely. If the 750 level can hold, there is hope.
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ZEC is really a bit tense this wave. The rebound momentum is sufficient; it depends on whether the bulls can hold on.
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Overly oversold rebound signals have never been given for free, but avoiding being trapped is the key.
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The previous high is just there, only those willing to take the plunge deserve to profit from this wave.
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I just want to know if it can break through 800; otherwise, it's all just虚的.
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A volume breakout from the descending channel is a signal, but it depends on how long it can be sustained.
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The bulls' determination indeed needs to be questioned; rebounds are easy but sustained moves are hard.
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From 750 to 800 sounds good, but I'm just worried it might be a fleeting moment.
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Timing is crucial, but honestly, too many retail investors get stuck in this kind of rhythm.
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The short sellers' loosening has indeed been felt; now it's just waiting for the rebound to lift the bulls.
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CodeAuditQueen
· 01-08 14:50
Be cautious when breaking through a downward channel signal; you need to see if there is genuine support from trading volume, and avoid falling for false breakouts and rug pull tricks.
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CommunitySlacker
· 01-08 14:46
750 is really a tough level; it all depends on whether the bulls dare to go for a hard fight.
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bridgeOops
· 01-08 14:25
Oh no, is ZEC really going to turn things around this time? I see the volume breakout, and the KDJ golden cross is quite strong, but I just don't know if it can hold steady at the critical level...
ZEC's recent market movement is quite interesting. The volume has surged, and a long bullish candlestick has directly broken through the downward channel, indicating that the bearish pattern is clearly loosening. The KDJ indicator has also shown a golden cross, and this kind of rebound signal after an oversold condition usually doesn't come for nothing.
From a price position perspective, it has already moved far away from the moving averages, forming a clear divergence. The bullish momentum for a counterattack is still quite sufficient. The previous high is right there, and the target points to that range. Based on the current pace, if it can stabilize at key levels, the $750 to $800 range has a real chance.
The opportunity to catch the bottom indeed can't be missed, but timing is crucial. The returning bulls need to confirm their resolve and see if this rebound can be sustained. For now, it looks like the bulls have a good shot.