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ZEC Short

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ZEC:USD has in my opinion done a 5 wave Elliot pattern.
I was able to count all three impulse waves, breaking each down into another five impulses
An ABC flat-ish has completed and I am seeing an impulse failure at X. Or one could call an A and B completion.

Bitcoin looks like it's ready to make another move down, but that's another story.
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Bearish MACD andRSI divergence can be seen as well
forgot to mention that
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The price is going to bounce inside the channel a bit. Maybe one or two more touches of the resistance, first bouncing off a .236 fib level, and then down towards T1
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target 1 reached
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T2 area reached
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T3 reached
交易結束:目標達成
Patience is key, all targets reached, took 8 days. Analysis accuracy 100%. Entry was stopped out, called the X too early. But the stop just touched so reentering the position would have been wise, as one can now see.
Closing position.
Wave Analysiszec

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