what i see panning out. There could be a move up to roughly 62 dollars short term.
Zcash is starting to appear increasingly interesting from a technical perspective as the popular cryptocurrency trades at its weakest level since March 2019. Several technical indicators are suggesting that the ZEC / USD pair could soon stage a bullish reversal if buyers can hold price above the $44.00 level. The ZEC / USD pair has suffered eight-straight weeks...
Wave 1 completed. Wave 2 cannot drop below $45 or chart is invalidated. Wave 3 targets below. T1: $175 T2: $250 T3: $350 *In case this is an ABC, I added wave C targets. Wave C targets should act as short term resistances and I'm expecting price to break through these.* 1D RSI oversold
ZCash has been on the extended downtrend but with news of new partnerships on the horizon it looks like ZEC may have a sharp move back to the upside. Estimates Bounce Zone 0.004745 - 0.004732 News Item Search Term : these-brothers-think-save-zcash
All description on the chart. Please, don't forget to like and follow. Thank you.