For the past 9+ months, ZEC/USDT has been in a prolonged correction and consolidation phase, forming a huge symmetrical triangle pattern. This structure reflects a balance between buyers and sellers, with volatility compressing as price coils tighter toward the apex of the triangle.
Price action is now approaching a decisive point. According to the 5th-touch breakout rule, the 5th attempt to test trendline support or resistance often results in a make-or-break breakout.
If buyers seize control, a confirmed breakout above the triangle could trigger a powerful expansion move. Conversely, failure to hold the apex level could result in a downside continuation.
Price action is now approaching a decisive point. According to the 5th-touch breakout rule, the 5th attempt to test trendline support or resistance often results in a make-or-break breakout.
If buyers seize control, a confirmed breakout above the triangle could trigger a powerful expansion move. Conversely, failure to hold the apex level could result in a downside continuation.
🧠 8+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
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🧠 8+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily ✅
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.