Long

ZEC next cycle 0.7 BTC

ZEC is completing its first market cycle with a classic 100% retrace. Likely to find support here in the buy zone set by prior lows of support. ZEC has been in its mining phase, establishing a good distro as well as market cap keeping up with coin emission. The development team is all ivy league and big names are behind this; not to mention the tech is solid, even Snowden shilled it. Using fib extensions set by this cycle we can get a good target for the next bull run which would take us to the 4.76 extension most likely which is also a prior top of a candle in history as seen here.

Papou

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