$ZEC — Strong Move After the Breakout
A few days ago, we highlighted the Symmetrical Triangle formation on ZEC and identified the potential for an upside breakout. At that time, price was trading around $496.
Now, ZEC has clearly broken above the upper trendline and reached around $676, with a strong move of nearly 19% today.
Volume has also increased alongside the breakout, supporting the current move.
If price continues to hold above the breakout zone, the next important levels could be around $700, $800, and then $1,000.
ZEC has now delivered the move that was anticipated from the previously identified pattern.
#GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15 #SamsungToAnnounceNewShareholderReturnPlanFriday
A few days ago, we highlighted the Symmetrical Triangle formation on ZEC and identified the potential for an upside breakout. At that time, price was trading around $496.
Now, ZEC has clearly broken above the upper trendline and reached around $676, with a strong move of nearly 19% today.
Volume has also increased alongside the breakout, supporting the current move.
If price continues to hold above the breakout zone, the next important levels could be around $700, $800, and then $1,000.
ZEC has now delivered the move that was anticipated from the previously identified pattern.
#GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop #BitcoinBestWeekSinceMarch2023 #SpotGoldHitsHighestSinceMay15 #SamsungToAnnounceNewShareholderReturnPlanFriday
