ZECUSD Cup and Handle. $2000+ Incoming?

Jan 12, 2018

Looks like a cup and handle on the daily has formed possibly. It is a very strange looking one, so I'm not sure if it definitely is but the shape is there. Regardless, there is also an inverse head and shoulders bottom that has formed I believe. The pitchfork channel looks like $2000+ is definitely possible, but I am not sure how accurate my projection is. Once price passes the median PF line, it might start pumping hard. I'm going to throw some profits in on this and just HODL to target, so I will not be updating this idea much. Good luck.

Jan 12, 2018

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Just wanted to add that on the 4H, you can see that the handle, if it actually is a handle, is making a cup and handle of its own.

Jan 12, 2018

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Lastly, my target is based off the pitchfork channel, as well as this diagonal resistance line: Could see the target within a couple weeks if all goes well.

Feb 2, 2018

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this didnt pan out too well lol