ZECBTC has moved north of the 200 Daily Moving Average after trending below for a long time.
The 2 major lows show a pattern known as Adam and Eve.
(adam = sharp low with sharp retrace, Eve = rounded bottom)
The last swing high shows nice volumes coming in again for this pair.
I expect ZECBTC to retest the resistance marked in blue. I can imagine ZECBTC making several nice waves trying to make it there first which should give us some good opportunities pick up a position.
The 2 major lows show a pattern known as Adam and Eve.
(adam = sharp low with sharp retrace, Eve = rounded bottom)
The last swing high shows nice volumes coming in again for this pair.
I expect ZECBTC to retest the resistance marked in blue. I can imagine ZECBTC making several nice waves trying to make it there first which should give us some good opportunities pick up a position.
