ZECBTC Trade Idea !

BITTREX:ZECBTC   Zcash / Bitcoin
ZEC having a nice rally in past days and today confirmed the low of wave 4 in place by taking out top of wave 3. Most probable targets for wave 5 are shown on the chart.
If you have not taken a position , then wait for pull back from the next resistance levels also shown on chart. Then place your order just over the following support level shown.
I expect the time table for this trade by the end of next week.
@PAHMAD1339 kindly look at etc if your less busy
PAHMAD1339 obainosoft
@obainosoft, Regarding ETC short term targets 322k then 425k, we will see on the pull back for the higher targets.
What's funny I was just working the chart. LOL
Hi, Ed! Usually wave 5 estimated length = 0.618 extension of 0-3, so aiming to 0.058 this time, and wait for confirmation of extended wave 5 to your 1.27 and 1.618 targets ;)
PAHMAD1339 a.shevelev002
@a.shevelev002, Hi Artem, there are 2 res levels where fib levels overlay or close to each other and create fib cluster. In this case clusters are like you mentioned 0.058-0.059 and then 0.069-0.072 where I expect wave 2 of 5 and wave 4 of 5 to take place. Targets on chart are 1.272 extension of 2-3 from 4 and 1.618 extension of the same.
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