As Per $ZEC Chart, you can see a Beautiful Cup & Handle Pattern formed on the Weekly Timeframe.
$ZEC has already broken the Neckline/Resistance of this pattern, and if the pattern follows the 100% target, the target could be around $2,200.
No doubt, Cup & Handle is a strong and powerful bullish pattern.
But IMO, these patterns have much higher accuracy when they form near the bottom or after a long downtrend/accumulation phase.
And this is exactly where I’m a little curious and cautious about the current $ZEC setup.
This Cup & Handle has formed near the TOP / ATH area after an already massive 6500% pumped in Just last 2 Years.
That’s why I’m not blindly bullish just because the pattern has broken out.
The pattern itself looks strong. My concern is WHERE the pattern formed, not the pattern itself.
After a massive move from $16 to $1,050, we should also consider the possibility of a fake breakout, profit-taking, or a major correction.
So yes, $2,200 is possible if the pattern fully plays out.
But don’t let a bullish pattern remove your risk management.
A chart pattern is a possibility, not a guarantee.
September 5, 2026 3.3K 7
