On the four-hour chart, the price is oscillating within a range of 420-380, with clear selling pressure around 420. Currently, the technical indicators show RSI in the overbought zone, and although the KDJ indicator is trending upward, it is about to top out, so consider shorting at high levels.
Personal suggestion: consider shorting around 420-430, with a target of 390-380$ZEC
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.
January 14 $ZEC Silk Road
On the four-hour chart, the price is oscillating within a range of 420-380, with clear selling pressure around 420. Currently, the technical indicators show RSI in the overbought zone, and although the KDJ indicator is trending upward, it is about to top out, so consider shorting at high levels.
Personal suggestion: consider shorting around 420-430, with a target of 390-380$ZEC