Updated

Probably still in accumulation mode. We will get an idea...

We are probably still in accumulation mode with ZEC in my opinion. Meaning, we more than likely will continue our current path down the lower accumulation channel. We just happen to be at and/or near the point of recorded resistance from history at the yellow resistance line.

I will leave it up to you (the trader) to determine what to do here at this yellow resistance line. Only wanted to bring it to everyone's attention.

I'll keep you updated.

Happy Trading.

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The way current volume is going, we COULD breakout of that lower accumulation channel to establish the end of an Automatic Rally and return back down to the lower accumulation channel for our Second Test (ST) to make sure we have support.

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Odds are, more accumulation. However, after watching a YouTube video of Andreas Antonopoulos, he has brought to my attention certain GEO Political and Social Political situations going on in the world that may very well be affecting our current run up with BTC and all the other alts as well. I'll explain later in a BTCUSD publishing.

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youtube.com/watch?v=6ZCVQHtD2l4

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ODDS ARE [After further analysis] we WILL go to the aqua blue line and revert back to the lower accumulation channel.

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This chart is the 6h just like the one in the previous comment. Only, it's in BTC instead of USD for comparison. BTC price going up in USD while ZEC price in USD has not gone up as much.

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adjusted arrow on Text Bubble to refer to which green line I'm talking about. Still a ways off before it comes support though.

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