zec will break the descending trendline one way or another!

Using fib extension targets are 80.5 and 85.5 and +++. Of course you need to keep an eye on BTC before opening any position on altcoins. I think green scenario has a higher chance (it leads to a beautiful inverse head and shoulders). I have buy orders at 64.5 and also 58.5 (futures is a bit risky now, so I will stick to spot trading! Cheers!

ps: yellow boxes are monthly and weekly pivots!

Comment:

:/ with the negative news about xmr, zec the prospects for completion of this move are not great anymore! the candles were following the orange scenario!

Comment:

Final target was finally meet! though not following the expected path! Reason is negative funda news! Cheers! :)