$ZEC came back to retest its 4H breakout - and held 👀
Price dipped back to around 1,335 - the level it broke through - and the 4H candle closed back above it at 1,348. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ZEC keeps closing above 1,335, the 1,368–1,411 area is the next zone on the chart. A 4H close back under 1,302 would turn this into a fade.
On the record, ZEC's setup is still judged on one line only: a daily close below 1,049.
Original breakout post: https://www.binance.com/square/post/385392349980322
Level held - does ZEC print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
Price dipped back to around 1,335 - the level it broke through - and the 4H candle closed back above it at 1,348. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ZEC keeps closing above 1,335, the 1,368–1,411 area is the next zone on the chart. A 4H close back under 1,302 would turn this into a fade.
On the record, ZEC's setup is still judged on one line only: a daily close below 1,049.
Original breakout post: https://www.binance.com/square/post/385392349980322
Level held - does ZEC print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
