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koryu
Dec 28, 2016 1:58 PM

Some ZCASH observations 

Zcash / BitcoinPoloniex

Description

interesting things happen with zcash chart here

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usd chart

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4h bollinger bands are very tight for zecbtc expect major move soon.

zecusd trending up after bull flag, so this could indicate that the major move will be up too.

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zec hitting the 0.382 fib again and could have a golden cross on 4h chart

0.055 is important if it cant break it, it could go back down to test support near 0.050

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seems like zec is falling back in the downtrend (or its a trap?).
no clear buy here so waiting for better entry
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