📉 My Market View: $ZEC / $USDT Bearish Setup
I’ve been analyzing the structure on Zcash ($ZEC ), and I’m seeing a textbook Bearish Head & Shoulders pattern forming. In my opinion, this indicates a potential trend shift from bullish to bearish after the recent markup.
📝 My Setup & Plan:
Bias: Bearish Continuation 🐻
Entry Zone: $385 – $415 (I'm looking for a sell-side FVG + neckline retest here).
Invalidation (Stop Loss): Daily close above $455.
🎯 My Targets:
$320 (First Liquidity Pocket)
$250
$180 (Swing Low)
Extended Swing Target: $90–$80 (Major historical demand)
💡 Why I’m Taking This View:
The Head & Shoulders is a classic distribution pattern. The neckline break confirms we aren't just pulling back—we are likely transitioning trends. The downside has very little structural support until we hit deep demand zones.
⚠️ Risk Management Note:
This is a swing trade, not a scalp. I expect slow movement. If price reclaims $455, my bearish thesis is wrong and I will exit without debate.
Disclaimer:
This is just my personal opinion and analysis for educational purposes, not financial advice (NFA). Always do your own research (DYOR) before trading.
#ZEC #CryptoTrading #TechnicalAnalysis_Tickeron #ShortSetup #WhoIsNextFedChair
