Posteo

$ZEC wicked below 1,065 and buyers took it back within one candle. Now up 8.45% and back at 1,152. That 1,065 level has been defended three times now. Each time the wick goes lower and the recovery comes faster, which is what a shakeout looks like before continuation. Doesn't mean it's clear. 1,160 has rejected every attempt this week. Break that and 1,200 opens up. Lose 1,065 properly and 1,003 is the next real floor. Are you long ZEC into this week?