Coin- #ZECUSDT
Signal- Short!
On Daily time frame we can see that price has beautifully created bearish momentum as I have drew on the chart. We can see that there is Relative Equal Low's down below. So the price needs to violate them because there are liquidity resting down below. So the price has go to that zone first. After then a reversal can happen or not. But till then we have to stay with the short position. Going long will be a wrong decision.
I am expecting this swing high's should be violated first to go down. We can also see a bearish FVG on the upper section of the chart that I have mentioned on the chart. So we can expect a sudden bullish movement , and that will be a trap , because a lots of retailers will think price will go long or price will bounce back. But actually it will just grab liquidity from above and then it will fall. So we have to have patience and no need to panic. So when will seep the liquidity only then we will enter by the confirmation from lower time frame.
