Looking into the weekly period I could see ZCASH is entering a wave 3 zone, so I decided to give it an analysis
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Our 54 days of ZCASH got into BTC drama, but as I am typing it looks like not much has changed. Trying to figure out the inner movements also prove to be challenging with a lower timeframe chart not looking harmonic:
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We are heading to finish the 4 wave and start one of the mightiest extended 5th waves of crypto. I think it will be so extended that only the Daily chart will be able to show all its extention.
I got a very harmonic shot of what is in progress, where in the coming 2 days or after BTC futures expiry 26th the 5th wave start:
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ZEC just reached our time milestone where I am expecting it to start a very long bullish journey:
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We are still below the MA50 on 4H, if we stay below it we might run additional 6 days of consolidation: