Thanks for all the well-wishes guys, I really appreciate it. I've had back to back migraine headaches the past two days. I played a nasty contact sport into my 30's and had two really bad concussions that put me in the hospital both times.
Due to that, I worry about CTE and have been prone to these migraines unfortunately. I'm just coming out of the one I got earlier today and wanted to say thanks to everyone with a quick update before heading to bed.
#ZEC looks strong as the move has been impulsive. I'd really like to see a retest of structure at some point, sooner than later. Price is getting into the fib level area where rejection becomes more probable. It just hit the .5 fib. The big levels are the .618, .702, and .786.
It's always a bit concerning when an asset runs on its own while most of the market is flat. That's always considered when doing TA. Very unusual to see movement like this with the geopolitical uncertainty in addition to the overall market stagnation.
Zcash has always been prone to draw in leverage traders and you know how it makes these big moves up and then back down frequently. If you want to get in, don't chase the green candles. Look for a good setup at a pullback.
