ZEC’s EMA99 is around 1089. If it holds, it’s stronger than Micron; if it breaks, it’ll start to look a bit like Micron.
The weekly head-and-shoulders top is nearly formed. There are 4 days left this week. If it closes below 950, it’ll most likely test 752–773.
ZEC has risen 8x, so a pullback to 0.5–0.618 is perfectly normal. If 752 holds, the larger-scale structure is still intact; if not, we’ll need to reassess. $ZEC $PONS
The weekly head-and-shoulders top is nearly formed. There are 4 days left this week. If it closes below 950, it’ll most likely test 752–773.
ZEC has risen 8x, so a pullback to 0.5–0.618 is perfectly normal. If 752 holds, the larger-scale structure is still intact; if not, we’ll need to reassess. $ZEC $PONS
