As long as $ZEC remains below 175, it is likely to go down to the 143-135 range. Since Barry has a pump&dump coin, I can say that I am on the side of the cautious negative view.
I said that if the $AVAX trend break comes, we will go down to 84.
If the 81-83 support fails to hold here, which is very prominent on the 4-hour chart, a decrease to 77 and then to the 72-70 range can be triggered.
Selling pressure will continue in the short term as long as there are no 4h closures above 84.5.
$ADA and many of the altcoins are still more easily 10% off.
If $BTC makes another 3-5% decrease, it is useful to be prepared for the scenarios I have drawn in general.
If altcoins fail to react from here or 10% below, we will be left alone with the fact that the mini rally has come to an end. For now, I will try to catch an opportunity with a short stop, considering the possibility in the drawings.
Take it easy,
It is not investment advice.
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