Complete Technicals Analysis on $ZEC with pure Honesty
• TREND IDENTIFICATION
First of all Understand if coins start Dumping so it's doesn't means It will dumping 📉 Forever , it retrace Trap Retailer Make liquidity for next leg up in this case finding Trend And structure on HTF is so important
On 1Day time frame ZEC is pure Bearish 🔴 and it's Retracement which Every coin do at least at 0.5 FIB level zone
On 4H it's still Bearish and have MSS , Market structure shift at 550$ which is supply zone closing
And near MSS line there is Magical FIB where market always Deviate (90%)
SUPPLY ZONE & Experience
525$ to 550$ Is clean SUPPLY Zone which is Untouched in previous 1H Supply zone price stuck around 20 days and Reject 3 time
If you see In charts Market need just 10 days to fall from 640$ to make bottom of 320$ and need 28 days to reclaim Price from 320$ to 500$
Everyone knows in excess Selling price make FVG and Supply zone And From 525$ to 600$ there are already so many FVGs
whole Market is now Bullish everyone making LONG and waiting for retesting and LONG and thinking we are back to 700$ which is not GOOD and soon Market trap them badly
Its not REVERSAL !

Because in reversal market Vigorously Pumpu after making Bottom and in our case market reclaims 500$ in 28 days
Market moving in Elevator down slow stair up elevator Down which is one of strongest And mine best strategy and every time This strategy work

FAKEOUT Or BREAKOUT ?

So honestly speaking Breakout is full real because if you see Activity on Buying Volume is up and better performing than CVD futures
Breakout is valid but Charts are not so GOOD

Same analysis for $ZEN $DASH $ZK and click on Golden tokens for trading or below bars for Future trading