# Analyst Ardi Says a $1,370 Breakout Would Shift His Zcash Position By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/46364 Published: 2026-11-02T11:55:46.000Z Updated: 2026-11-02T11:55:46.000Z Section: Investing > Ardi disclosed a short position from $1,420 and said he would turn long above $1,370. Crypto Patel warned ZEC could face a 50%-70% correction. Analyst Ardi said a move above $1,370 would lead him to close a Zcash short and turn long, making that level a key trigger in his latest trade outlook. Ardi described an ascending triangle developing from lows near $1,050. He said ZEC had made several attempts to clear $1,370 while holding a rising trendline, and that a break above the level could put recent highs between $1,500 and $1,700 in view. Ardi disclosed a short position from $1,420 in a Nov. 1 post. He said failure to clear $1,370 would leave the broader downtrend in place. A break below both the rising trendline and $1,210 support could expose $1,100. Analyst Crypto Patel warned ZEC could correct another 50%-70%. Patel said the bearish view would stand unless ZEC set a new all-time high above $1,699 and then confirmed a close above that level on a higher-timeframe chart. ZEC climbed from about $478 in mid-August to $1,701 in late September before retreating, as discussed in [earlier coverage of correction risks](). ## Links in this article - [earlier coverage of correction risks](https://www.tokenpost.com/news/investing/28147)