Mihai_Iacob

ZecUsd- Higher after triangle's break

Long
Mihai_Iacob Updated   
COINBASE:ZECUSD   Zcash
October was a very good month for Zec holders, with the price rising 90% from the bottom to the top.
After reaching 189 high, ZecUsd has started to correct and consolidate gains and we can clearly see a symmetrical triangle on our chart.
I expect continuation after the break and 230 zone resistance can be the target
A drop under 150 would negate this scenario
Comment:
As expected, Zec has broken triangle s resistance and now is flirting with the recent high.
I expect a break above here also and the coin has a clear road to target

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