$ZEC has quietly been one of the strongest performers of this bear market.
I have to admit, I was genuinely surprised. At times, it almost feels like it’s already running its own pre-bull market. Like it’s front-running the next cycle. 😄
From a technical perspective, the weekly structure has remained remarkably strong over the past few weeks and appears to be building for another leg higher.
The daily chart, however, has not confirmed the move yet. A structural trend reversal on the daily timeframe is still needed structurally before the bullish thesis gains stronger confirmation.
For now, the higher-timeframe momentum remains constructive.
Definitely a chart worth keeping on your watchlist.
#Altcoin Season#
I have to admit, I was genuinely surprised. At times, it almost feels like it’s already running its own pre-bull market. Like it’s front-running the next cycle. 😄
From a technical perspective, the weekly structure has remained remarkably strong over the past few weeks and appears to be building for another leg higher.
The daily chart, however, has not confirmed the move yet. A structural trend reversal on the daily timeframe is still needed structurally before the bullish thesis gains stronger confirmation.
For now, the higher-timeframe momentum remains constructive.
Definitely a chart worth keeping on your watchlist.
#Altcoin Season#