if Zcash Couldn't break that channel and close the daily candle above it ..... Prepare for $8 Zcash . and if successfully did prepare to celebrate and go long for the years to come .
$8 would be way to low..... There should be more than enough interest in ZEC to keep price above $30. But so far Bears are fully in charge, but i think someone is playing a nice "long con" to trap all the bears..... we will know soon enough.