- Rising since 0.021 bottom remains.
- Horizontal support at 0.042
- A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now
- Tight stop loss at 0.047 is possible (little loss if the does not hold)
- Possible BTC correction:
Things get clearer when you look at ZECUSD. A consolidation, without the strength of Bitcoin.
The daily candle have closed. First bullish one since the peak a month ago.
Everything looks primed
Healthy correction so far on the 1H chart.
Daily: ZECUSD is close, while BTC's strength relative to USD is holding ZECBTC a little.
Another excellent daily candle close for ZECUSD
however ZECUSD is already in a highway.