Lets take a look at LOG SCALE
We can see the same rules are being applied in log scale (!)
In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits
In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236
Conclusion:
a) We are ultimately close to the bottom which is already in ($50 mark)
OR (if last low breaks)
b) Visit 0.786 - 0.886 $24-$33
Lookout:
Potential is high ZEC will trade in 4 digits prices in the next run
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
We can see the same rules are being applied in log scale (!)
In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits
In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236
Conclusion:
a) We are ultimately close to the bottom which is already in ($50 mark)
OR (if last low breaks)
b) Visit 0.786 - 0.886 $24-$33
Lookout:
Potential is high ZEC will trade in 4 digits prices in the next run
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Note
oh and ZEC is currently at its 0.618!
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Disclaimer
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.
Related publications
Disclaimer
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.