ZEC got pumped yesterday, probably because it's a booming company with great turnover and massive revenue :) (sarcasm guys :). Just a joke, don't get offended please :). Anyway, price went up pretty much, even when Bitcoin
made a small drop it went higher. But it seems the fun is over for now at least. Think we can expect a drop towards the 310/340, can't give a more exact target because i can't judge how strong it still is. Seems it dropped out of a rising wedge
, and testing the resistance now with low volume
. Now normally this would be an easy trade, but liquidity is extremely low with Alts like this, it can get pumped very easily. I have shorted it at 365 with a stop around 378 and a target around 330. My position size is small on this one, actually every alt coin because the risks are always very high.