Zcash has been lagging the King, and the market in general.
It has just started a move, and is now at a Key resistance level.
It should pullback a little bit here and prepare for a larger move.
$ 54.46 - 55.13 is Strong resistance and minimum expected target.
$ 62.84 - 63.26 is Very Strong resistance and could end the move.
$ 67.83 - 68.83 will be the Extended target, and Bear's Last Stand.
It is POSSIBLE that 48.99 resistance does not cause any dip (It as been weakened)
It is PROBABLE that 54/55 will cause a significant pull back (proven strong zone).
It is PLAUSIBLE that 62/63 is attacked straight on but unlikely (long way to go).
I will post updates as price action reaches key points.
Follow this IDEA to receive notifications of updates.
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I chart many Coins, FX and some Stocks. See my TV Profile Page.
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It has just started a move, and is now at a Key resistance level.
It should pullback a little bit here and prepare for a larger move.
$ 54.46 - 55.13 is Strong resistance and minimum expected target.
$ 62.84 - 63.26 is Very Strong resistance and could end the move.
$ 67.83 - 68.83 will be the Extended target, and Bear's Last Stand.
It is POSSIBLE that 48.99 resistance does not cause any dip (It as been weakened)
It is PROBABLE that 54/55 will cause a significant pull back (proven strong zone).
It is PLAUSIBLE that 62/63 is attacked straight on but unlikely (long way to go).
I will post updates as price action reaches key points.
Follow this IDEA to receive notifications of updates.
Follow ME for notifications of updates AND new Ideas
I chart many Coins, FX and some Stocks. See my TV Profile Page.
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag