Today we have an analysis of ZECBTC market. In December 2017 there were a lot of rumors that ZEC will be able to increase a lot. That’s why many people have bought these coins into their investment portfolio.
The coin could actually show a trend movement by 3 waves. We can make following conclusions by analyzing them:
1) Rising waves are strong but the last two are slow.
2) Pullback waves behave rather different: each successive is stronger than previous one.
3) Trading activity declines at each rising wave.
It’s possible to make following conclusions. We should expect one more rising wave in the range from 0,040 to 0,042. It will probably be weaker.
Picture of the market tells us about the weakness of upward movement now. Revise your market positions carefully.
Thank you for your activity!