ZEC starting potentially its second impulse wave

2018년 5월 7일

Still waiting for confirmation for this trade, if the price manages to break the current resistance (previous support area), then I will enter a long trade @0.03ish with target price @0.038 which is the first fibonacci extension. At the moment, we have a full Elliott waves pattern (8 points) with a perfect correction at the golden ratio: 0.618%. ZEC showing some strength on the 4hours chart, however this might be delayed since the Bitcoin is also trying to break the 10K resistance. If BTC manages to break it, we might see a sharp decrease of ZEC back to its initial state, roughly 0.028