ZECUSDT is testing the key level

2023년 4월 8일

ZECUSDT is testing a key resistance level around the $ 38 area. This is an important price point that the market has had difficulty breaking through in the past, and a breakout above this level could signal a potential long position.

According to trading rules, a breakout above a resistance level is a strong indication of a potential long position. Therefore, if the price of ZECUSDT manages to break above the $ 38 resistance level, it could indicate a significant bullish momentum and signal a potential long position.

However, it's important to note that the breakout should be confirmed before taking a long position. This means waiting for the price to not only break above the resistance level but also show sustained bullish momentum.

In summary, the breakout above the$ 38 resistance level is mandatory to apply our rules for a new long position in ZECUSDT, and traders should wait for confirmation before entering a trade.

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Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <= 1h structure.
  

Follow the Shrimp 🦐

2023년 4월 9일

노트

The price needs to create the clear breakout

2023년 4월 12일

노트

The price needs to confirm the new support

2023년 4월 13일

노트

The price is following my arrow

2023년 4월 14일

노트

10%

2023년 4월 16일

노트

12%