Many people complain that ZEC is a scam coin and say it's a trap. But you need to look at it from a different perspective—viewing it through the lens of a seasoned trader, the daily chart structure of this coin actually follows a very standard pattern.



Take a look at the candlestick chart: it has provided two opportunities to take trend shorts. The first was after the breakout from a rising daily triangle consolidation, and the second was the breakdown of a descending flag pattern. The opportunities are there; it's not a scam coin, but many retail investors got liquidated because they were misled by certain media outlets.

I personally entered a short position at 528, and I’m still holding it, with a target of 340. If 340 also breaks, I will follow the zeroing-out approach and hold accordingly.

By the way, some newcomers always think that the crypto world can produce the next BTC or ETH story. Just check the top ten coins by market cap—you’ll understand. Except for BTC, ETH, and SOL, what are the others like now? Don’t fantasize; the data will give you the answer.
ZEC3,86%
BTC4,24%
ETH6,06%
SOL2,88%
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Lonely_Validatorvip
· 01-13 14:52
To be honest, retail investors getting wiped out is just being controlled by emotions. This guy's point is spot on. But the idea of resetting to zero is a bit harsh. I'll still wait and see at 340.
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MagicBeanvip
· 01-13 14:52
Once I break 340, I will completely give up on ZEC. Stop messing around.
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GasFeeSobbervip
· 01-13 14:47
Still holding the 528 short position, it might really drop to 340 this time. Retail investors getting liquidated is not really about the coin; it's about their own lack of stability. Among the top ten coins by market cap, besides BTC and ETH, there aren't many interesting stories to tell. The charts are right there; even if the opportunity is given for free, some people just can't see it.
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0xLostKeyvip
· 01-13 14:36
528 short position hasn't been closed yet? Bro, you're really bold. Short positions are indeed regulated, but retail investors basically can't catch this wave. Once 340 breaks, it's truly a zeroing out mindset, a bit harsh.
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