The coin has already fully corrected the impulse to the level of 0.786 Fibonacci.
All the previous movement from the end of October 2023 fits perfectly into the wave structure, so I think that after the accumulation we have the probability to see the development of a new five-wave pattern.
In the near future we are unlikely to see the momentum in longing, so I'm gaining the coin slowly in small parts in the range of 0.793 - 0.710$ 💼 💼 $ARK $BTC
Review of position in #ZEC by subscriber requests 👀
As you can see, the early buyback in the ~$23.8$ area was a good idea. At the peak, the coin showed +45.4% upside and collected two take profit sells.
Now, on the back of a strong alta spill, the coin has come back to the entry point - the target buy area.
Here it can continue to buy back into the portfolio little by little, but I would take the take profits much higher (long-term). At least from $60. $ZEC #BTC $SOL $BTC
The current bear cycle has been even stronger for the coin in terms of accumulation and vertical volumes.
At the same time, the asset hasn't grown yet, and I think that it will already this year suffer the fate of $TRB , which gave 50 X on the spot (these two coins used to be tightly linked).
The coin has completed a perfect 5 - wave impulse structure of higher order and went into correction.
If we see a full-fledged development of ABC movement, then from the levels of 41.4 - 51.2$ I will consider spot purchases in the portfolio.
I will not go short and I am not looking at futures at all now. Waiting for vague decisions on ETFs or at least some information about it 👀. $ORDI $BTC
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