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Solldy
Jul 19, 2022 1:36 PM

ZECUSD ❕ ascending wedge Short

Zcash / United States DollarCoinbase

Description

The price is above liquidity.
Volatility has declined.
Trading volumes have ceased to show interest in price growth.
RSI and price formed a bearish divergence (4H, 1H and 30m TFs)
I expect correction after fixing under the support level.
Comments
noam_chom
now testing for $65 as support rather than resistance. the ultimate local level to watch is $70 and how hard it gets rejected there
SwallowPremium
Thanks for the Zcash prediction!
Tolberti
We still need to break 70 USD to continue higher. I like your style, keep it up!
ProjectSyndicate
superb overview and high quality charting
TheSignalyst
let's see if we will get a break above the resistance. it all depends on BTC. for now, yeah I agree the bears can take over
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