ZEC/BTC TA Update (awaiting bullish pattern?)
ZEC/BTC
ZEC is on a downward action after making multiply series of lower highs and lower lows.
But on the bullish side, the price action is still descending channel
which by the technical side has a high probability to break in the upside once reached the endpoint.
If the ZEC will keep falling and unable to break this channel,
I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal.
As of now, the game is to wait and be patient until the opportunity presents its self.
ZEC is on a downward action after making multiply series of lower highs and lower lows.
But on the bullish side, the price action is still descending channel
which by the technical side has a high probability to break in the upside once reached the endpoint.
If the ZEC will keep falling and unable to break this channel,
I'm eyeing a drop to 4200-4000 sat levels before we might see a potential reversal.
As of now, the game is to wait and be patient until the opportunity presents its self.
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