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theCrypster
Feb 12, 2023 11:54 AM

#ZECBTC - Swinging to Top of Channel Range Long

Zcash / BitcoinKraken

Description

theCrypster -

As you can see #ZCASH has ben ranging this channel against #bitcoin for a little while now, with clear swings from top resistance to lower support. After a quick retest of the lower edge we're moving on up once again!

The mid-line within this channel has played a pivotal role previously, providing a level of both support and resistance numerous times; but with the fresh rejection, the price breaking above a significant historical low and a good Buy signal from Crypto Tipster v2, we can see this heading on up!

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Comments
SwallowPremium
Great work! We are agree with this price movement. Thank you)
theCrypster
@SwallowPremium, No problem buddy - thanks!
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