11.23 midday market analysis and strategy



Today, ZEC surged 18.87% in a single day, but the market shows characteristics of "oversold rebound + volume-price divergence". We need to adopt a strategy focused on short positions and avoid chasing long positions to steer clear of catching the short-term top. It has currently broken through the upper Bollinger Band, indicating a "morning impulse + afternoon fatigue". The surge is part of "emotional recovery after an oversell", not a trend reversal!

$ZEC Moving south in the 590-600 range, the initial target is 520, breaking through to 490.
#山寨币 #ZEC #加密市场观察 #今日你看涨还是看跌? #逆势上涨币种推荐 $ETH $XRP
ZEC-6,57%
ETH4,05%
XRP7,13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)