$ZEC may take time, and I'm in no rush.
But if it closes a weekly candle above $700, that'll be a major signal for me.
That level has capped every major rally for nearly eight years, making it one of the most important resistance zones on the chart.
The longer a resistance level holds, the more meaningful the breakout tends to be when it finally gives way.
I can't say when it'll happen, but if ZEC decisively breaks above $700, I think it could mark the beginning of a completely new phase of price discovery.
#SupremeCourtBlocksTrumpFromRemovingFedCook
But if it closes a weekly candle above $700, that'll be a major signal for me.
That level has capped every major rally for nearly eight years, making it one of the most important resistance zones on the chart.
The longer a resistance level holds, the more meaningful the breakout tends to be when it finally gives way.
I can't say when it'll happen, but if ZEC decisively breaks above $700, I think it could mark the beginning of a completely new phase of price discovery.
#SupremeCourtBlocksTrumpFromRemovingFedCook