Rising Channel on ZEC/BTC Pair

The ZEC/BTC pair appears to be trading within a rising channel going back to January 8th. If the pattern holds, ZEC is set rise strongly against BTC. There is a symmetrical triangle being formed by the trend lines of most recent highs and the channel bottom. If there is a breakout to the upside, here are some potential targets for profit taking:

Safer : 0.003145 and 0.003389
Moderate : 0.003727
Gear up! It's moon time baby! : 0.004005 plus


Chart PatternsTrend Analysis

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