ZEC trade setup, nice bull flag/triangle

We all know what happened with ZEC after that fake pump it did a few weeks ago. Since the 300/310 support broke it made a big dump to the previous low. Now it seems the correction up is not over yet, has made a very convincing bullish triangle. Chances are very high it will break upwards, but there is a chance it will make a false break down first. That's why i drew both lines.

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Previous analysis

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Below this area anything can happen! It has already dropped to much to still be in the bullish momentum, now it's 50/50 below the the second green it's 75/25 bearish

コメント:

This trade was complete crap, i thought it would make a good small pump because of that listing from a few weeks ago. Since it had dropped from the 390 high already, but this weak movement only confirms that big pump we had then, was even faker than fake! I knew a drop from that triangle was possible, but i did not expect it to drop this much