$ZEC update
New update: I closed 50% of position and stop moved at 402.12 (220%ROI), TP at 456.89
After yesterday’s test of the lower boundary of the marked zone, the price reached the 62% Fibonacci retracement.
At this level, I reduced the position by 25% and moved the stop to breakeven, locking in approximately 50% ROI.
The next take-profit area is the marked zone above, slightly higher than the 50% Fibonacci retracement. At that level, I plan to reduce the position by an additional 30% and move the stop to the 62% Fibonacci retracement.
The remaining portion of the position will be managed according to how price reacts to the upper zone.