Zcash Long to $900+

BITFINEX:ZECUSD   Zcash / Dollar
I've counted the Elliott waves , and I have only spotted 3 completed waves so far. That means that ZEC should experience some more correction in wave 4 before exploding up again. ZEC already completed subwaves A (12345 impulse) and B (abcde rising wedge ). Wave C should start soon, and should be a downwards 12345 impulse. Of course, there is a possibility of further corrections in the form of WXY, but in that case, the corrections would be small and contained.

My conservative target is $820, a 1 to 1 Extension of wave 1, and my aggressive target is $905, a 1.618 Fibonacci Extension of wave 1. I believe that ZEC will likely hit the 1.618 Fib Extension, because waves 1 and 3 were about the same length. According to Elliott Wave guidelines (not rules), wave 5 will often be extended.
In theory, there's no difference between practice and theory. In practice there is.
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