SUMMARY

So, for anyone wanting rush in and buy ZClassic (ZCL/BTC); one might want to take the current fractals into consideration. The below chart shows how the fractal in the white box is complete and the blue box fractal is in the early stages. The "Your are here" marker shows the likely corrleation point.

Given the two repeats of the rounded bottom formation for the white fractal; expecting the same or something similar would be logical. The blue price arrow outlines the probable second rounded price formation and the impulse nature of the likely rise. MACD should also support with a buy signal. So, knowing this, is NOW the time to be taking BUYING or SELLING actions for ZClassic?

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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