ZEC Technical Analysis Shows a Potential Reversal IF This Support Holds
SUMMARY
Since February of 2017, ZEC has been traveling within a broadening pattern and thus far, waves A,B,C and D seem complete with E still remaining to go. Usually, these patterns with one more remaining wave can help identify the next overall market tops since once the remaining wave is placed, a sizale decline can be expected and this decline can be translated into the Cryptosphere.
Subwaves cound as a ZigZag with 5,3,5 subwaves for A,B, C. The bottom blue support line has been pierced and thus far could be a candidate for a bull flag. This support line needs to hold. Let's see if price can pick itself off the floor and start impulsing upwards.
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It's amazing how aggregate TA of many coins calls the wider market. Agreed
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Sir @haejin you have nicely explains the ways of flow of market of a crypto currency.
at the end you say that it is not for actual investment and market analysis, but one can understand how to read the market situation.
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Thanks for sharing nice information
Wow! i need a lot of time to digest this TA. Amazing!
good zec money post thank for shearing
What do parties triumph bitcoin in stabilizing market circumstances which continued to be problematic??
Good one
Amazing post dear thanks for share this
Thanks for posting such an informative post
pls can u talk about chainlink !
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