ZEC Coin Analysis: Target $907.87 (172% Profit Potential); ZEC/BTC Target 0.3057 BTC (9x Profit Potential)
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SUMMARY
Look how ZEC is not only forming a single Cup & Handle but a DOUBLE! While I've targeted $907 as the target, this level will only be a lampost as much higher highs are ahead well in excess of >$1,000! I've never seen a double Cup & Handle before. Many "chart mutants" are coming out of the Altcoins!
Below is ZEC/BTC also with a Cup & Handle...a bullish scenario! But what is clear is that ZEC/BTC too is lagging behind that of it's ZEC/USD cousin and so will have to await its turn. Still, ZEC/BTC can still explode up any moment!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
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LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
I'll take a "chart mutant" as long as it's bullish!
I enjoy the wait! practicing patience here boss!
I'm starting to see that just holding any of these is a win...
correct get in good coins at good prices and then just HODL
That seems to be the theme lately! LOL
Let's hope so man.
Omisego, SNT, Salt, anybody?
@haejin When you look at the blue 'Market Cap' line for ZEC on coinmarketcap.com it is trailing near $4000 levels, where's the price for one coin is around $340. What is your interpretation of that?
Hey Haejin you are saying that Monero correction is not over but I saw the retracement lower than subwave 4 and at 0.618 level. Isn’t that a positive sign for end of correction and start of Wave 1?
Too quick to have correction over. Remember the hurry up and wait syndrome.
HODLING>>>
항상 잘 보고 있습니다~ 감사합니다:)
buy ZEC, wear diamonds. <3
love to see your thoughts on SAFEX and DLT if they cross your desk!