Couldn't help but notice the similarities, we'll see if and for how long history likes to repeat itself.
Personally (wishful thinking alert), I think we'll trade inside the orange box for a few days and shoot up from there. First target would be around 230$ (depending on ZEC/ BTC ) before facing some good resistance.
If this idea is not completely wrong, I'll try my best to update it.
Personally (wishful thinking alert), I think we'll trade inside the orange box for a few days and shoot up from there. First target would be around 230$ (depending on ZEC/ BTC ) before facing some good resistance.
If this idea is not completely wrong, I'll try my best to update it.
I think at the moment it's best to disregard the ZEC chart and focus on BTC:
- If BTC makes a new ATH, I expect us to easily pump to the 230$ area.
- If BTC decides it's dump time, we'll go back towards 145$.
It might take a few more days to get confirmation either way, hopefully we'll see consolidation near 180.