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bingong
Nov 9, 2017 4:25 PM

$ZEC USD Show Me Zee Cash Long

ZCash / US DollarBittrex

Description

ZCashBITFINEX:ZECUSD has been sub $300 since October, but it's time seems to have finally arrived. Laying out a Gann Fan from the last high wick which touched $439, we see the steady movement through the angles and are at the door of the 1/1 gann. We should see a steady rise(or super quick because it's crypto)from here. Awesome Oscillator (AO) seems to have flipped yesterday (circled at bottom of chart) which is indeed another bullish indication.

If you've been following me, you have figured out that I've become obsessed with the cup and handle formation which we are seeing in so many coins. I see this formation as logical considering they are reacting to being dragged by btc COINBASE:BTCUSD, sleeping and then rising, forming these cups. If it is a cup, we will see $313 soon, a retrace to current levels and then a push up through ganns 2/1 and 3/1 and a $360 target.

None of my charting should be construed as financial advice, I am but a silly, educated meme creator.

Comment

ZEC stronk! Target incoming. Your welcome.
Comments
crimsonronin
Great call Bing!
jawnbilletes
sniper
billy_willy
Nice chart! THX.
caglan98
Hope so...
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