ZCash has fallen, to its lowest level from 06-2017, the current bull trend appears to be a falling wedge, I believe it should breakout upwards shortly and produce a good return - going long. Would like to hear other people’s opinion on this, as my I’m fairly new to chartwork?. Also looks like a relatively good outlook due to the small depression in Bitcoin price, which seems to be causing a general movement of cash into the altcoins. Additionally, on the more fundamental / macro side ZCash has committed to funding 10 projects a total $127,000, which may lead to interesting increases in the utility of the coin itself. (More Info here: t.co/zvOOpMq2tz ).
Comment:
Crossing upper resistance at 0.04208BTC/ZEC.
Comment:
Disclaimer: Cryptocurrency trading/investing involves a substantial risk of financial loss. The information provided here is simply a fun log to share my personal ideas and opinions. You should not make any decision, financial, investment, trading or otherwise, based on any of the information here. Anyone wishing to invest should seek his or her own independent financial or professional advice. Do not invest money you are not willing to lose.