ZBCN has broken out of a clean falling channel on the 4H timeframe. This setup resembles the earlier rally in May that delivered over 350% upside. We may be setting up for another explosive move, contingent on a successful retest.
Trade Setup:
Entry (on retest): 0.002901 – 0.003021
Stop Loss: 0.00243 (below channel low)
Targets:
0.00375
0.00510
0.00685
Long-term target: 0.01137
Total potential upside: ~360%
Structure Analysis:
Price is now out of the descending channel
Previous move from similar breakout yielded ~357%
RSI climbing with volume surge — momentum shift evident
Watching BTC for macro support
This could be a game-changing entry for medium to long-term holders if the retest holds.
DYOR | Not financial advice
Trade Setup:
Entry (on retest): 0.002901 – 0.003021
Stop Loss: 0.00243 (below channel low)
Targets:
0.00375
0.00510
0.00685
Long-term target: 0.01137
Total potential upside: ~360%
Structure Analysis:
Price is now out of the descending channel
Previous move from similar breakout yielded ~357%
RSI climbing with volume surge — momentum shift evident
Watching BTC for macro support
This could be a game-changing entry for medium to long-term holders if the retest holds.
DYOR | Not financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.