ZEC hit the resistance once again on BTC going ATH and is dropping short-term back to sub 0.05 levels, although after Bitcoin Gold fork I expect holders of that shitcoin to drop it for ZEC, the same as BCH. After that I expect ZEC going back to the mean 0.06 up to 0.07 and continuing in positive direction against BTC in the long term.
Trade closed: stop reached:
Looks like Tether issues new USDT, that are not backed by USD, for which BTC is being bought (Those guys are stealing your BTC basically and killing shorts), not to mention wash trading on Bitfinex. When will Tether default is hard to tell. Lets pray to Zeus, that after Bitfinex and Teter defaults it will not take us all down for years to come like last time.