ZEC / USD Daily

BITFINEX:ZECUSD   Zcash / U.S. Dollar
Major factors for bullscenario:

- formation of an uptrend; needs confirmation with a HH
- halving has been successful; lower inflation rate meaning same demand less supply
- Ma's squeezing in a good way: 200MA going upwards above the 50MA, indicating the formation of our uptrend
- Bitcoin in bull run & new investors looking for alternatives will look at largecaps (= ZEC)
Comment: main resistance around $120
Comment: not doing well lol, lacking behind ETH / LTC / BTC
Comment: alts sell-off leading to bounce at HL level
Comment: HH!
Comment: nearing resistance at $120