Looking for Zcash to consolidate a bit more to the blue 100 day MA line. Than looking for a bounce back to the .5 fib and the green 50 day MA.
Comment:
Z cash seems to have strong resistance at the $550. and strong support at $420. It's been in a sideways trend for a while now. 420 looks like a killer deal to be buying. However, the 1 day chart indicators look like it could start in an upward trend. Until the price is above 550 and stays above, it may continue this sideways trend. Look for a good buying opportunity at 420-440.
