Something interesting Iâm noticing on $ZEC :
The previous move from the high down into the ~$185 low took around 91 days.
From that low to the current high area, weâre now sitting at roughly 89 days.
That kind of time symmetry is hard to ignore.
It doesnât confirm a top by itself, but it adds more confluence to the things already on the chart:
âąPrice is back at major resistance.
âąThe rally has been extremely vertical.
âąRSI is stretched.
âąVolume still looks weaker than the first parabolic impulse.
âąThereâs a large amount of liquidity sitting below.
And now the rebound is reaching almost the same duration as the previous decline.
For me, this continues to suggest that if $ZEC hasnât topped already, it may be getting very close.
To invalidate that idea, price needs to do more than just tap resistance.
It needs to break above, close above, and build structure above this zone.
Until then, Iâm treating this area very cautiously.