$ZEC shows strong bullish momentum holding key MAs, confirming an upward trend. We are looking for a breakout past the recent peak near $720.
TARGET
TP1. 720 - Breakout target and retest of the recent November high.
TP2. 775- Extension to the next psychological and structural resistance.
TP3. 850- Strong extension target for a parabolic move/full market cycle.
STOP LOSS. 640 - Below the MA 25, invalidating the current upward structure.
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$ZEC shows strong bullish momentum holding key MAs, confirming an upward trend. We are looking for a breakout past the recent peak near $720.
TARGET
TP1. 720 - Breakout target and retest of the recent November high.
TP2. 775- Extension to the next psychological and structural resistance.
TP3. 850- Strong extension target for a parabolic move/full market cycle.
STOP LOSS. 640 - Below the MA 25, invalidating the current upward structure.