Greecetom

ZCash ready for a bull run after BTCP/ZCL hype

Long
Greecetom Updated   
BITFINEX:ZECBTC   Zcash / Bitcoin
Many factors indicate an uptrend for $ZEC:
1) BTCP snapshot was taken today which led to a dump in demand for $ZCL
2) Chart patterns are almost identical to what happened before the last pump
3) MACD is showing similar movements like when the last pump happened
4) ABC-correction wave is already over

I opened a position at 0.0368BTC/ZEC
Comment:
If you have a look at the candle before the reversal back in 2017 it dipped quite huge (below support)
I see the possibility that this can happen now as well. Meaning there should be a bullish engulfing candle either on Sunday or on Monday.
I set a stop-loss at 0.03 BTC.
Trade active:
Todays bullish engulfing candle could be the start of the bull run we are waiting for - Now things can get really interesting.

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