Zcash possible retrace to the upside

27 nov. 2016

Zcash has been falling continuously with some minor retraces to the upside on the road. It is probable Zcash will follow this path in the future again, but a bigger correction to the upside might be upon us for now. The impulse wave A of the correction seems drawn and the corrective wave B of the correction could be over any time soon.

Getting in here and picking a stop-loss under the current all time low looks like a good bet to me. I have no idea where the supposed wave C would take us, but I imagine there is plenty of potential to the upside.

I am not responsible for any loss on your side if you would do this trade, but I sincerely hope this plays out as expected since I am invested myself. ;)

5 déc. 2016

Trade fermée: ordre d’arrêt atteint

Unfortunately things didn't play out as expected and Zcash made a new low. :-( Depending on where you would have put your stop loss, you are maybe already stopped out or could be stopped out any time soon.