Rising Channel on ZEC/BTC Pair

19 thg 3, 2021

The ZEC/BTC pair appears to be trading within a rising channel going back to January 8th. If the pattern holds, ZEC is set rise strongly against BTC. There is a symmetrical triangle being formed by the trend lines of most recent highs and the channel bottom. If there is a breakout to the upside, here are some potential targets for profit taking:

Safer : 0.003145 and 0.003389
Moderate : 0.003727
Gear up! It's moon time baby! : 0.004005 plus