#zec
[Buy and sell points]
- Buy point 1: 30.00 USDT (integer support, close to the previous low)
- Buy point 2: 29.50 USDT (near the low of the previous band, with strong buying support)
- Long stop loss point: 29.00 USDT (a certain range below the previous low of 29.50 to prevent false breakthroughs)
- Sell point 1: 32.00 USDT (integer pressure, close to the previous high)
- Sell point 2: 33.00 USDT (above the high of the previous band, there is selling pressure)
- Short stop loss point: 34.00 USDT (a certain range above the previous high of 33.00 to prevent false breakthroughs)
[Price trend analysis]
1. K-line pattern:
- The recent price fluctuated between 30 and 32 US dollars, forming a shock consolidation pattern.
- There was an obvious upward trend in the early stage, from the low of $29.62 on July 21 to $32.65, but then it pulled back.
2. Technical indicators:
- MACD: In the 4-hour cycle, the MACD fast and slow lines are close to the zero axis, and there are multiple crossovers, indicating that the market is in a state of volatility. The current DIF (0.41) and DEA (0.48) averages are relatively close, and they may continue to fluctuate in the short term.
- RSI: RSI14 hovers around 50, and the current value is 49.96. It has not entered the overbought or oversold area, showing that the market has no clear direction.
- EMA: EMA7 (31.15), EMA30 (30.54) and EMA120 (26.84). The current price is below EMA7 but above EMA30 and EMA120. There is a certain pressure in the short term, but the long-term trend is still upward.
3. Trading volume:
- Daily trading volume gradually decreased after reaching a peak of 2349586 on July 21, indicating a decline in market activity.
- In the 4-hour period, trading volume significantly increased by 258998 at 04:00 on July 23, and then gradually decreased, indicating that market sentiment tended to be cautious.
According to the latest information, there are positive factors in the news of ZEC, including cooperation and development related to privacy technology. The overall community sentiment is positive, showing optimism about the future potential of ZEC. From the perspective of technical analysis, the current price is near the support level and there is room for growth. It is recommended that short-term investors can consider setting a stop loss point near the support level for trading, and long-term investors can pay attention to industry trends and project progress and seize the opportunity to hold.
