$ZEC came back to retest its 4H breakout - and held 👀
Price dipped back to around 1,366 - the level it broke through - and the 4H candle closed back above it at 1,367. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ZEC keeps closing above 1,366, the 1,390–1,420 area is the next zone on the chart. A 4H close back under 1,332 would turn this into a fade.
On the record, ZEC's setup is still judged on one line only: a daily close below 1,042.
Original breakout post: https://www.binance.com/square/post/374362591266824
Level held - does ZEC print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Price dipped back to around 1,366 - the level it broke through - and the 4H candle closed back above it at 1,367. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ZEC keeps closing above 1,366, the 1,390–1,420 area is the next zone on the chart. A 4H close back under 1,332 would turn this into a fade.
On the record, ZEC's setup is still judged on one line only: a daily close below 1,042.
Original breakout post: https://www.binance.com/square/post/374362591266824
Level held - does ZEC print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
