ZEC/BTC trade setup
TraderSZ sees the ZEC/BTC pair as topped with the pullback done, suggesting BTC outperforms ZEC or ZEC falls harder, and says the cross pair can be traded to remove USD risk.
What we know
TraderSZ's pair analysis builds on an earlier post saying top buyers and hodlers will rationalize why a drop can't happen.
How the story developed
08 Nov · 02:16 UTC
TraderSZ sees the ZEC/BTC pair as topped with the pullback done, suggesting BTC outperforms ZEC or ZEC falls harder, and says the cross pair can be traded to remove USD risk.
06 Nov · 07:16 UTC
TraderSZ closed most of his BTC short and awaits a swing-long trigger, while others call dips under $100K a buying opportunity.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.