ZEC's recent trend is quite interesting— the head and shoulders top pattern has been confirmed, and it's currently oscillating on the right side. From the rhythm, there should be a clear breakout direction before the end of the month. During this period, it’s better to stay cautious and observe.



Looking at the bullish scenario, the resistance levels are at 417 and 450. Once these are touched, risk management should be considered; the bearish logic is also clear, with support levels at 390 and 360. If it breaks below 360, then the downside could be truly bottomless.

The potential for ZEC is limited; the downward potential is a bit frightening. What do you think is the lowest it could go?
ZEC8,75%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
OnchainSnipervip
· 01-21 15:16
Head and shoulders top, I saw this coming a long time ago, just waiting for the end of the month to break down. Once 360 breaks, I will directly clear my position. This coin is too unstable. Hearing you say that, I feel the downside potential is really a bit scary. I think the line at 417 will be easily broken, ZEC hasn't had any good news lately. Bottomless? That sounds a bit scary haha. There should be an answer before the end of the month, just enduring now. With so many resistance levels, it indicates that the direction is still a bit unclear.
View OriginalReply0
LeverageAddictvip
· 01-20 13:49
The head and shoulders top explanation is getting a bit tired; it feels like everyone is using the same script. Going down to 360 indeed has no bottom, but I think what's more frightening is the time cost of being trapped. Can this wave of 360 hold up, or should we keep playing it out? ZEC lacks a narrative, no matter how you try to promote it, no one follows. Honestly, the probability of breaking down by the end of the month is a bit high, but just watching the market itself is a risk.
View OriginalReply0
RuntimeErrorvip
· 01-19 07:19
After the 360 breakdown, I think we still need to look at the fundamentals; otherwise, no matter how good the technicals are, it's all pointless.
View OriginalReply0
SchrodingersFOMOvip
· 01-18 16:57
Head and shoulders top, to put it simply, is just a breeding ground for fake lines. Whether ZEC can break below 360 in this wave is really hard to say. Actually, wait until the end of the month. Entering the market now just brings unnecessary stress. I can't imagine it dropping below 360; I feel it could fall to the low 200s. If you ask me, ZEC is a bit boring; I'd rather pay attention to other coins. Everyone's just watching and waiting, so we might have to wait until the Year of the Monkey or the Horse.
View OriginalReply0
GateUser-e51e87c7vip
· 01-18 16:57
360 crashed, and I really feel hopeless. I was just scared and directly cleared my positions.
View OriginalReply0
MetaverseLandlordvip
· 01-18 16:56
If it breaks below 360, I'll cut my losses. This coin is really too scary.
View OriginalReply0
BrokenDAOvip
· 01-18 16:47
Once the head and shoulders top is confirmed, support is discussed. I've heard this spiel too many times, and when it finally drops below 360, it's still "unexpected."
View OriginalReply0
LightningClickervip
· 01-18 16:39
Head and shoulders top—someone always calls it every time, but in the end, it still reverses and skyrockets. It's quite magical. Whether 360 breaks or not is the key. Should we keep betting and give it a try? Is there really no bottom below 360, or is it just another scam? That line at 417 is a bit shaky; it feels like it’s not even close to being touched. As for ZEC, it feels like there’s no more surprises left. I bet there's a 70% chance of a breakdown by the end of the month. Just watch and wait. Anyway, I’m not the only one losing money.
View OriginalReply0
360-Month-OldChildvip
· 01-18 16:30
No lower limit below
View OriginalReply0
View More
  • Pin