Time for ZEC to perform.
Couldn't help but notice the similarities, we'll see if and for how long history likes to repeat itself.
Personally (wishful thinking alert), I think we'll trade inside the orange box for a few days and shoot up from there. First target would be around 230$ (depending on ZEC/ BTC ) before facing some good resistance.
If this idea is not completely wrong, I'll try my best to update it.
Personally (wishful thinking alert), I think we'll trade inside the orange box for a few days and shoot up from there. First target would be around 230$ (depending on ZEC/ BTC ) before facing some good resistance.
If this idea is not completely wrong, I'll try my best to update it.
Note
We're still slowly climbing, but with declining volume which isn't really reassuring. I think at the moment it's best to disregard the ZEC chart and focus on BTC:
- If BTC makes a new ATH, I expect us to easily pump to the 230$ area.
- If BTC decides it's dump time, we'll go back towards 145$.
It might take a few more days to get confirmation either way, hopefully we'll see consolidation near 180.
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.