ZEC's breakout held through the deadline. Here's what the original rules actually showed.
Yesterday I was watching 1,275 on Binance spot ZEC/USDT: a close above it, then a later close holding above. A subsequent hourly close below 1,275 would cancel that upside reading.
The first qualifying close was September 16 at 18:59 UTC: 1,336.23. The next was 1,290.73. From that first break through September 17's 15:59 UTC deadline, all 22 hourly closes stayed above 1,275. The final close was 1,480.87.
The downside check matters too. There were wicks below the original 1,244.90 lower boundary, but none of the 24 hourly closes after publication finished below it. A wick would have given a different answer from the rule I published.
My takeaway: the upside condition appeared and survived its invalidation test for the stated window. I didn't predict a 1,480 price target or claim a trade. This was a conditional map, and its deadline is now over.
Which part matters most when you review a breakout: A) the first close beyond the level, B) whether later closes hold it, or C) the final checkpoint? Why?
$ZEC #Zcash
Yesterday I was watching 1,275 on Binance spot ZEC/USDT: a close above it, then a later close holding above. A subsequent hourly close below 1,275 would cancel that upside reading.
The first qualifying close was September 16 at 18:59 UTC: 1,336.23. The next was 1,290.73. From that first break through September 17's 15:59 UTC deadline, all 22 hourly closes stayed above 1,275. The final close was 1,480.87.
The downside check matters too. There were wicks below the original 1,244.90 lower boundary, but none of the 24 hourly closes after publication finished below it. A wick would have given a different answer from the rule I published.
My takeaway: the upside condition appeared and survived its invalidation test for the stated window. I didn't predict a 1,480 price target or claim a trade. This was a conditional map, and its deadline is now over.
Which part matters most when you review a breakout: A) the first close beyond the level, B) whether later closes hold it, or C) the final checkpoint? Why?
$ZEC #Zcash
