L3gOnD
Long

ZEC AE and Fractal

BINANCE:ZECBTC   Zcash / Bitcoin
ZEC finished a weird AE / inverted H&S pattern and already reached the measured move and has since retraced to the 0.618 fib. I have added the December fractal but played out of a little longer time frame as it is moving so far about 1.5-2x slower than it did then. I have used Fibs for targets matching up exactly with how the fractal played out last along with previous support and resistances. ZEC just finished retesting the neck line and now can consider than strong support as the VPVR is very thick right beneath it. I would expect a move up very soon. Keep on eye on BTC             but if BTC             doesn't do any serious dumping ZEC should be in for a move shortly.
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