I've been watching #美联储重启降息步伐 's price action lately and it feels like a small-scale reversal might be brewing.
The current descending wedge is pretty clear, and the price is gradually moving up, with signs of bottoming becoming increasingly obvious. Personally, I think the 380 to 390 range could be a good spot to consider opening long positions. If we see a breakout with strong volume, the first target should be around 450, and if momentum is strong, 470 is also possible.
Just a reminder, 360-350 is a key support zone. If it really breaks down, don't hesitate—cut your losses and don't fight the trend.
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CodeSmellHunter
· 1h ago
Try getting in at 380-390, feels like this move has potential.
Wait, if it really breaks below 350 we'll get out, don't be greedy.
ZEC has been really active lately.
Is 450 just a dream or can it actually reach it?
I've seen this descending wedge pattern quite a few times.
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ThatsNotARugPull
· 12-05 17:17
380-390 is indeed a good position to test the waters, but I’m more concerned about how long this round of Fed rate cuts can last. It seems like ZEC is still following the overall market trend.
I agree with the stop-loss approach—if 360 breaks, it’s time to admit defeat, don’t be greedy.
Can this reversal really happen? I have my doubts, feels like there will be more consolidation.
A wedge is a good signal, but even if it appears, there needs to be trading volume. Just a slow climb isn’t meaningful.
450 is definitely attractive, but I’m worried it might just be another fake-out.
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FromMinerToFarmer
· 12-05 07:05
Yeah, this ZEC move is definitely interesting. Trying a long at 380 could work too.
But wait, can a Fed rate cut really save the market? Feels like we've all been burned too many times.
If the wedge breaks, just get out—don't be greedy for that 470. I usually clear out as soon as 350 is breached.
I've heard talk about ZEC bottoming out so many times. Anyway, I'm just waiting for BTC to move first.
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LiquidityNinja
· 12-05 07:04
380 is in, betting on this reversal—either getting rich or going to zero, haha.
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LadderToolGuy
· 12-05 06:57
Oh, 380 is indeed an interesting level, I'm also considering getting in.
This round of bottom building for ZEC looks pretty solid, just worried there might be another black swan event.
I think 450 is iffy, let's first see if 470 can hold.
If 360 breaks, I'm out immediately, don't blame me for having a weak heart.
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Aman1768
· 12-05 06:50
This dog market maker really knows how to play. Might as well short it and send it to zero—the fate of shitcoins.
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MergeConflict
· 12-05 06:49
Yeah, I'm just worried it's another fake reversal. ZEC always messes with my mindset.
Going long at 380 is fine, but I still want to wait for a confirmation signal before making a move.
If it really drops below 350, I'll just admit defeat—anyway, as long as the stop-loss is set, it's fine.
As for the 450 target, just take it as a reference; don't get too greedy this time.
I've been watching #美联储重启降息步伐 's price action lately and it feels like a small-scale reversal might be brewing.
The current descending wedge is pretty clear, and the price is gradually moving up, with signs of bottoming becoming increasingly obvious. Personally, I think the 380 to 390 range could be a good spot to consider opening long positions. If we see a breakout with strong volume, the first target should be around 450, and if momentum is strong, 470 is also possible.
Just a reminder, 360-350 is a key support zone. If it really breaks down, don't hesitate—cut your losses and don't fight the trend.