Recently, I have been monitoring the linkage trend between ZEC and ETH. Starting from a short position at 528, with a target near 480, this zone is indeed a resistance level. Subsequently, in the 475-480 range, you can consider gradually building long positions, with order placement points around 480 and a few points below to give yourself more entry opportunities.
After the market ultimately dips to around 480 and rebounds, the prices at which the longs enter are generally between 475 and 480. From here upward, 490 is the first minor target, and 510 is a stronger resistance level. It is recommended to consider setting a stop-loss at around 490 to protect profits while allowing the market some breathing room.
For the 3086 short position, the current holding strategy remains unchanged, continuing to wait for a better rebound level to close the position. This combined long and short strategy is still effective in ETH's volatile market, with the key being to control individual trade risk and position size.
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CoinBasedThinking
· 6h ago
The 480 level is really stuck, and once it rebounds to 490, it will start to take off.
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PoolJumper
· 6h ago
This wave of 480 definitely wasn't a waste of time; the key is to hold the stop-loss at 490.
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GateUser-c799715c
· 6h ago
The 480 level indeed wasn't a wrong guess; I'm just worried about a weak rebound.
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BugBountyHunter
· 6h ago
480 Nabo indeed didn't miss out, the key is to stick to the stop-loss.
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StakeOrRegret
· 7h ago
480 Nabo indeed didn't enter, I kind of regret not placing an order at 475.
Recently, I have been monitoring the linkage trend between ZEC and ETH. Starting from a short position at 528, with a target near 480, this zone is indeed a resistance level. Subsequently, in the 475-480 range, you can consider gradually building long positions, with order placement points around 480 and a few points below to give yourself more entry opportunities.
After the market ultimately dips to around 480 and rebounds, the prices at which the longs enter are generally between 475 and 480. From here upward, 490 is the first minor target, and 510 is a stronger resistance level. It is recommended to consider setting a stop-loss at around 490 to protect profits while allowing the market some breathing room.
For the 3086 short position, the current holding strategy remains unchanged, continuing to wait for a better rebound level to close the position. This combined long and short strategy is still effective in ETH's volatile market, with the key being to control individual trade risk and position size.