ZEC's current short-term strategy is as follows:



If it breaks below the 507 level, all short positions should be stopped out, which may trigger a larger correction extending to the 4-hour timeframe. At that point, it might retest the support near the 30-minute Vegas moving average, approximately around the 485 level. A rebound from there would be a healthier move.

Conversely, once it breaks below the 30-minute Vegas channel, do not look for bullish moves anymore; instead, consider a downtrend or sideways consolidation.

From a higher timeframe perspective, there are two reference methods to estimate the potential upside. Using logarithmic coordinates, the upward channel could potentially reach over 600; using linear coordinates, the top of the upward channel is around 555. But there's a premise — as long as the price remains within the channel, it can only be considered a strong rebound. To confirm a new high, it must break through the upward channel.

Honestly, if Bitcoin drags down later, ZEC probably won't escape either, so it's safer to stay a bit conservative.
ZEC4,42%
BTC1,87%
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ApeDegenvip
· 13h ago
Once 507 is broken, we'll admit defeat. Let's see the true strength at 485.
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probably_nothing_anonvip
· 13h ago
Break at 507 and run, or wait for 485 to bottom out. Anyway, if Bitcoin drags, ZEC will have to kneel along.
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MetaverseHomelessvip
· 14h ago
Breaking 507 will be troublesome; we'll have to see if 485 can hold up then. --- 555 is still 600; the key is to break through for it to count. Right now, it's just a strong rebound. --- If Bitcoin drags down, ZEC is doomed. It's safer to stick to stop-losses. --- Vegas moving averages are a bit mystical; are they really that accurate? --- Within the channel is just a rebound; to turn around, we need a breakout. The logic is sound. --- Being conservative isn't wrong; after all, Bitcoin rules the market. ZEC will just follow along. --- If the 485 level can really hold, the rebound potential becomes interesting. --- Short-term bulls need to hold tight; if below 507, just exit. Don't be greedy.
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HodlTheDoorvip
· 14h ago
Breaking 507 means you have to cut losses; otherwise, being trapped is too painful. --- That's right, if Bitcoin isn't strong, ZEC is useless no matter how powerful it is. --- If this wave can break above 555, I will believe in the upward trend. It's still early now. --- Analyzing so meticulously every day, but in the end, isn't it just slapped back to the starting point by the market? --- Being conservative is not wrong; the crypto market is too risky, and not holding any position can easily lead to a flip. --- I think 485 can hold, but breaking below would be a real trap. --- Looking at over 600 on the logarithmic scale sounds good, but who can say for sure about the actual trend? --- Let's wait a few more days; entering now is a bit rushed. --- How reliable are Vegas moving averages? It feels like they always break.
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GasFeeCriervip
· 14h ago
507, as soon as I break, I run. No need for so many considerations. When Bitcoin moves, ZEC follows and gets wrecked.
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