JPKolanovicMarko

ZEC bullish run has much more left

Long
JPKolanovicMarko Updated   
BINANCE:ZECBTC   Zcash / Bitcoin
Multi-timeframe showing a clear bull run with key resistance level broken 2 days ago. Despite, the healthy pullback from what likely would have created an over-extended run. The correction not only brought back experience/successful traders/investors. It is helping provide the necessary strength in what very likely will be strong support in the near and/or distant future. Bulls continue the buying spree and who can stop them. The longer timeframes printing the infamous "bull-flag" that is widely used within the crypto communities. This, undoubtedly, will continue to bring new bulls. Despite, the fact resistance broke and ZEC does have a clear path to its next level(s). Baring, of course, any volatility and/or sudden bull rush in BTC. The tight range-bound BTC has been at; does help ZECBTC amplify the case for the title (of "much more left) of this analysis.
Trade active:
3 opening still remains for a complete & constructive correction toZEC price. The counter cycle to $ZEC price was clearly due to BTC. The bounce off the current level demonstrates with just a simple observation. How strong this initial upcycle is; which, continues to show no weakness.

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