gillianpatrice

ZECBTC- Support - Time cycles and moves

Long
BITTREX:ZECBTC   ZCash / Bitcoin
ZEC had a lot of interest when it listed. Here we see a typical bell curve of buyers and sellers before price comes back to the start 'scene of the crime'. Price has held support for 3 days. The time study suggests that this pair is about to move - we can see that 30 and 60 bars have been achieved from the highs to the lows. The first swing took 97 days to play out. I've found that most Crypto's are faithful to the time measurements. We are almost at the 97 bar point in time. I expect to hold my position to the 50% level of the overall move. The next swings should be in a channel like a fat tail pattern on the cat (the bell) this pattern plays out on many charts.

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