I like to think that smaller cap coins that are relatively unknown like ZCL tend to maintain the same demographics - or at least, buyer behavior is similar - making it an excellent TA case study.
We can see that the first rise on the 29 Dec 2016 consolidated into a over the course of 8 days before extending toward a new .618 on 6th Jan 2018.
By drawing longer term , one can see that a subsequent is being formed from the 7th and will reach its conclusion by the 17th of Jan - 9 days total - almost the same duration as the before the current ride up.
Assuming an equal increase in terms of absolute amounts, it should take ZCL to the 0.02 level which extends just beyond the 1 fibonacci target - also equal to the 2.618 fibonacci target of the previous pattern. Combining 2 patterns to create a technical projection is a little novel but hey, that's TA - we look at patterns in the charts. The reason I started a new fibonacci chart from 0 on the 6 Jan was because i wanted to see the smaller fibonacci targets which has proven useful as ZCL failed to meet sustain its rise past the 0.618 target - clearly a strong resistance.
Nonetheless, I strongly recommend all investors to hold onto their ZCL for the next 5 days or so. Any news regarding fork date / supported exchanges / review could act as a catalyst to propel ZCL to the next extension. An increase from current levels is a sure thing - Bitcoin Private may prove to be the most valuable fork yet - it's simply a matter of time.