Zcash looks to be heading back to a missed central pivot from 2 weeks ago. It is also in the final part of what appears to be the C D leg of a Bullish BAT. Is that is the case entry will be at D (between 78.6 &88.6), this will give a very healthy risk to reward as D will then become / could become the C of a much bigger BAT pattern in which case I will trade that CD leg to the upside.
Comment:
ZEC is really moving nicely... B was taken out yesterday and 61.8 is coming up next.
I wonder if 78.6 will happen this week?
I wonder if 78.6 will happen this week?
The last 4hr bar low to high is circa 42% this is clearly bullish so pattern is looking good.