On the 1-hour chart, the price retraced to around 354 and then dipped again. The K-line pattern is not yet finished. The technical indicators show the KDJ indicator turning downward and forming a death cross, and the MA monthly line crossing below the weekly line. The downward trend is not yet over.
Personal suggestion: consider buying around 348-355, with a target of 330-300$ZEC
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January 26 $ZEC Silk Road
On the 1-hour chart, the price retraced to around 354 and then dipped again. The K-line pattern is not yet finished. The technical indicators show the KDJ indicator turning downward and forming a death cross, and the MA monthly line crossing below the weekly line. The downward trend is not yet over.
Personal suggestion: consider buying around 348-355, with a target of 330-300$ZEC