ProficientForex

Zcash – Probability of uptrend formation to the range of $ 183

Long
BITFINEX:ZECUSD   Zcash
The first 5 ascending waves started from the range of $ 18.13 and ended at the level of $ 102.42. The corrective movement of this uptrend has been completed in the range of 46.27 which is approximately equal to the Fibonacci ratio of 0.618. By crossing the price from the range of 89.77, which is the end of wave B from the correctional structure, we can be hopeful to start the uptrend in C / 3 wave. This wave initially can touch the range of $ 183 and then reach the level of $ 384

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