ZEC trade setup
ZEC Halving coming in 47 days. Privacy coins narrative is coming back this quarter with people wanting their security back.
1. I will wait for more candles to see if ZZEC has really broken out of the resistance or whether it falls back into the wedge
2. ZZEC is forming a bullish flag with AB=CD and possibly it could stay above the resistance line for longer and converting the resistance into a support line.
3. Weekly Chart for ZZEC is very bullish - so it looks like its up for a 2x moonshot on weekly chart.
1. I will wait for more candles to see if ZZEC has really broken out of the resistance or whether it falls back into the wedge
2. ZZEC is forming a bullish flag with AB=CD and possibly it could stay above the resistance line for longer and converting the resistance into a support line.
3. Weekly Chart for ZZEC is very bullish - so it looks like its up for a 2x moonshot on weekly chart.
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