SUMMARY
For ZEC, the breakout from the downward pointing symmetrical triangle is quite genuine! Mostly because price proximity to the apex (the point at which the two triangle lines intersect) was close and teh breakout has been decisive in that it had not come back inside the triangle at all.
Close 60 minute chart shows an impulse being completed (blue) followed by a sideways traingle conslidation. There already seems to be signs of a breakout occuring from this triangle as well.
IF the breakout is sustained, then a larger degree of trend impulse (blue) should provide the higher highs to allow the resumption of the original trend: Up!
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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