ZEC/USDT – Symmetrical Triangle Reaching Apex

336
For the past 9+ months, ZEC/USDT has been in a prolonged correction and consolidation phase, forming a huge symmetrical triangle pattern. This structure reflects a balance between buyers and sellers, with volatility compressing as price coils tighter toward the apex of the triangle.

Price action is now approaching a decisive point. According to the 5th-touch breakout rule, the 5th attempt to test trendline support or resistance often results in a make-or-break breakout.

If buyers seize control, a confirmed breakout above the triangle could trigger a powerful expansion move. Conversely, failure to hold the apex level could result in a downside continuation.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.