Looks like you’ve outlined a clean W-pattern setup on ZEC, but since you didn’t ask a specific question, I’ll add a bit of clarity and risk-management structure you can use — without giving financial advice.
🔍 Quick Technical Breakdown
Neckline Zone: $388–$396
This is the key pivot area. Price returning here after the W-pattern double-bottom is normal — it’s the classic retest of breakout structure.
🔻 Bearish Scenario (Breakdown & Retest Fail)
If price closes below $388 and the retest fails (rejected from below), it confirms:
Neckline invalidation
Liquidity grab above the neckline
Trend continuation to the downside
Short Targets:
$345 → prior major demand
$340 → deeper liquidity sweep / support test
This aligns with classic W-pattern failures.
🟢 Aggressive Long Setup
Longing inside $388–$396 is for traders expecting:
Successful neckline retest
Immediate upward reaction
A continuation of the W-pattern’s measured-move projection
Risk: High — because price is still inside the zone of decision.
🟩 Conservative Long Setup
Waiting for:
A strong bounce
Market structure shift
Entry around $410 after confirmation
Why safer?
Because you're letting the market prove that the neckline retest actually held.
📌 Key Levels to Watch
$388 → Breakdown or bounce?
$410 → Confirmation reclaim level
$345–$340 → Short-side target zone
If you want, I can also chart out:
📉 Probability-weighted scenarios
📈 Measured move targets for the full W-pattern
🔍 Stop-loss placement strategies
📊 Support/resistance heatmap
Just tell me what you want next.
