ZECUSD a cup and handle pattern is vissible with 50% to upside.
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ZECUSD price action is in the last stage of creating a cup and handle pattern which will iveitably shoot out to the upside of not less than 50% in the near future. A retrace of 50% Fib can be expected as there are two long term resistance levels present. With a sustained push and momentum behind, target of $500 is attained easily at 128% fib. If resistance pen is rejected then look to buy at a discounted of 30%.
Transaction en cours
handle to be confirmed on a bowl trace.
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