A marubozu candle is a strong bullish candle with heavy volume and no wicks on either end. The lack of wicks means buyers were completely in control—pushing price up from open to close with zero hesitation.
What's extremely rare here is that marubozu candles usually show up on daily or hourly charts, not monthly charts.
However on the ZCASH chart, we're seeing a full marubozu on the monthly timeframe with massive supporting volume. This isn't just a trend change—it's a regime change.
Whales have been accumulating for 8 years and have finally signaled they're ready to push price to higher pastures. I expect price to hit resistance around $460, consolidate there for a bit, then push toward the $1,000-$1,500 area
This is a textbook breakout after years of accumulation. The monthly marubozu with volume tells you everything you need to know—smart money is done waiting and this could be the start of something big
What's extremely rare here is that marubozu candles usually show up on daily or hourly charts, not monthly charts.
However on the ZCASH chart, we're seeing a full marubozu on the monthly timeframe with massive supporting volume. This isn't just a trend change—it's a regime change.
Whales have been accumulating for 8 years and have finally signaled they're ready to push price to higher pastures. I expect price to hit resistance around $460, consolidate there for a bit, then push toward the $1,000-$1,500 area
This is a textbook breakout after years of accumulation. The monthly marubozu with volume tells you everything you need to know—smart money is done waiting and this could be the start of something big
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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.