ZECBTC is looking PRIMED for a large expansive move to the upside. After retesting the all-time-low which is confluent with the demand zone, and a capitulatory volume spike, this is about as good as a bottom indicator as I can possibly envision. This combined with a hidden bull divergence on RSI increases my confidence even further.To add some icing to the cake, Coinbase will most likely be listing ZEC at some point in the foreseeable future. This will be the first privacy-centric coin to be listed, and I expect it to sell like hotcakes.
There will be lots of key resistance levels along the way which will be great opportunities to book some profit.
I will be adding back to this position once it retests the levels, hoping they will then act as support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.