There are analysts who believe that ZEC will drop and its story will end. I tell you the opposite. While publishing this post, our target of $300 is still valid. My analysis was correct; I told you the first step is to target 247. The VWAP was slightly exceeded by a price of approximately 250, and there has been accumulation with ups and downs, forming a symmetrical triangle. We are waiting for a breakout upwards.
With the presence of a cipher pattern, we can reinforce that with an upward movement towards the neck first.
Looking at the picture, you will notice the appearance of a blue VWMA indicator, which is a moving average weighted by volume, below the price on the hourly frame. The target currencies will rise as I mentioned before, and you have an entry opportunity from here 🔴241 or 242.
🎯Targets
269
296
323
🔵Stop Loss below the base of the symmetrical triangle at 225.
🗓️🤝🏻 There is no follow-up, and thank you 💪🤧☠️