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MyCryptoParadise
Feb 27, 2024 9:33 AM

ZEC/USDT bullish ride? 👀 🚀 ZCASH today analysis Long

Zcash / TetherUSBinance

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💎 Paradisers, focus on #ZECUSDT! An interesting pattern has emerged as it finds itself in a demand zone, hinting at a possible bullish journey ahead.

💎 #ZCASH is currently moving within an ascending channel, and it has impressively broken above a significant resistance at $26.09. Following a successful retest, it continues its climb. Its position in the demand zone boosts the likelihood of maintaining a bullish path.

💎 Additionally, a notable resistance zone lies ahead. We anticipate the price may soon make another attempt to breach this barrier in the coming days.

💎 However, stay vigilant: a dip below a crucial support level could indicate a shift to bearish territory. As always, ensure you're using wise trading tactics and setting appropriate stop-loss orders! Keep an eye on market trends and anticipate further updates.

Trade closed: target reached

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💎 Spot on again! #ZECUSDT has climbed 35.61%!

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