ZECUSD Appears to be Approaching the Bottom of a Second Test...
330
...in Wyckoff's cycle to a Spring and/or Up Thrust. Yes, I could be wrong on this one and we end up going down further. However, I have a hunch this is not the case. I believe we are not far off from taking a leg up to the $50 to $55 range.
Yes, I'm saying I'm "long" on this one. However, this does "not" mean we should ignore taking the opportunity to make as cheap of an entry as possible. I believe we probably still go down a bit more from our current $35.01 price to somewhere in the $33's before legging up to the $50's.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.