ZEC: Uptrend Confirmed, 489-504 Is My Continuation Zone
The last ZEC idea delivered. We're continuing the ZEC series here, and now we can say for sure that
ZEC
is in an uptrend.
Right now the playbook is similar to last time, when price went through a correction under the 0.5 level but didn't stay there for long and returned higher.
Besides having this kind of picture on the more global timeframe, we also have a break and a close above the local lower high on the smaller timeframe.
My zone of interest is 489.03 - 504.73 (for continuation).
NFA!