Zec is parabolic so you need to zoom in to see the details of the chart oO - The price has been crashing thru the fibs and is currently on the uptrend support of the Gann 1x4 fib ray just beneath the 200% fib - Zec is accumulating for the next push to the 300% fib
For the price to hit the top of the chart Zec candles have to hold the parabolic channels of the Gann fib rays where it currently is - Basically it needs to stay vertical, if the candles start tracking to the right and lose the parabola it would be a bearish signal that the rally was over
For the price to hit the top of the chart Zec candles have to hold the parabolic channels of the Gann fib rays where it currently is - Basically it needs to stay vertical, if the candles start tracking to the right and lose the parabola it would be a bearish signal that the rally was over
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.