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SantiagoGaona

Z-CASH 4HRS.-5th wave Truncation (descending triangle)

Zcash (POLONIEX:ZECUSD)  
SantiagoGaona  
POLONIEX:ZECUSD   Zcash
Trend Analysis Chart Patterns Wave Analysis
5
1
trendanalysis chartpattern waveanalysis
Theres a descending triangle forming in Z-CASH 4 hrs. I think we are in the last (truncated) 5th wave in 2/5 of wave C (daily A,B,C correction). wave 3 seems expanded and wave 1 is really vertical and also happened quite fast so a truncated 5th scenario seems reasonable to me, also. The 5th wave is not moving further than previous wave 3 ending.There may be a short trade there if you take the upcoming wave 2, still. Im no expert, its just my opinion.
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