Something interesting I’m 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, we’re now sitting at roughly 89 days.
That kind of time symmetry is hard to ignore.
It doesn’t confirm a top by itself, but it adds more confluence to the things already on the chart:
•Price is back at major resistance.
•The rally has been extremely vertical.
•RSI is stretched.
•Volume still looks weaker than the first parabolic impulse.
•There’s 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 hasn’t 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, I’m treating this area very cautiously.
$ZEC ‌#GateSquareMayTradingShare
ZEC-0.25%
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