#ZEC Update (4H) The bullish shift is developing. On October 20, $ZEC was holding the $1,041 low after the trendline break. I said the downside may be ending and that I needed a clean 4H close above the $1,253 lower high to confirm the shift. Price has now pushed above $1,253 and is trading around $1,270. The bearish trendline has been broken, and price is currently in a pullback phase after the break. The higher low at $1,041 is still intact. The entry area I am watching is the 75% discount zone around $1,129. After the break of the lower high, a pullback into discount gives a better risk-reward for continuation. That is where I want to see demand step in. Invalidation of the bullish bias is a clean break and close below the $1,041 low. That would put the prior downside path back in play. Target remains the September swing high around $1,700. Share your thoughts!