Some time ago, ZEC completed the full pattern of a descending wedge, followed by a rebound. Afterwards, the price entered a phase of oscillation up and down, which is a market response to digest the previous trend. Switching to the 4-hour chart, currently ZEC is operating within a clearly defined large ascending wedge.

What’s more noteworthy is the smaller time frame trend — this recent rally is actually a continuation after a bullish flag breakout. The price has already approached the upper key resistance line, and the next move is crucial. If it can effectively break through this resistance line, a wave of accelerated upward movement may be on the horizon.

However, at the moment, trading opportunities are not particularly ideal, lacking high cost-performance entry points. It is recommended to watch the performance of the wedge’s upper boundary — this line acts as support. If the price fails to break through the resistance line, it is expected to continue downward, revisiting the range and oscillating again. Only when the pattern becomes clearer and signals more definitive will it be a more appropriate time to operate.