ETCBTC Wyckoff Possibility Number 1

I explained in the notes WHY we have "possibilities" to play out for ZECBTC. Remember, it's STILL in it's infancy. The note in the brown box explains.

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Also, my aqua blue line does NOT indicate I believe we are going lower with ZEC. We COULD go lower before having another Automatic Rally. Time will tell.

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If one is thinking of making an entry on ZEC on this dip, be careful where you enter before it moves into another Automatic Rally.

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Also, REMEMBER THIS IS THE DAILY CHART. It takes time for things to pan out. So, BE PATIENT.

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Seeing how the Composite Man is in the business of WORKING around the RED Accumulation Lines for the purpose of ACCUMULATION before ultimately leading up to a SPRING and BREAKOUT to another level before taking SOME profits before falling into another accumulation phase, it's very possible we could ride back and forth between the two red accumulation lines for quite some time before having a SPRING.

So, this could be a long ride before a spring. ZEC was NOT pre mined. So, it may take some time before the Composite Man has accumulated enough ZEC to his liking before making a SPRING.

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Since we are riding the current bottom red accumulation line, do not be surprised if we have one or two shakeouts down to the purple support line before going up to the next red accumulation line for more accumulation before a spring.

It's HIGHLY LIKELY Composite Man has found his first red line to WORK and we are witnessing it as I type.