ZECUSDT +7% today.
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Hi, after all the pain $ZEC has been suffering since 2018, lately we have seen some relief for Bag Holders.
If this LTF bullflag makes it to 75$ and a clean break of the former, investors might see 100$ in the coming weeks
WE ARE ALL GONNA MAKE IT!
Ha, Jokes aside, we are still hugging the descending channel, and we appear to be completing A-E falling.
Since we are at E. Usually, this could mean a consolidation because this is one the most critical time for the asset, as price is trying to figure out are we going to form double bottom on a macro level or is E going to be a 1-2 wave?
There are lot of...
Today’s chart update will be on ZECUSDT – requested by a follower! - where a visible rising wedge is forming with a clear bearish divergence.
Points to consider,
- Trend traveling into apex
- Bearish divergence visible
- Local support at .382 Fibonacci
- RSI putting in consecutive lower highs
- Stochastics in upper regions
Zcash has a lot, and i mean A LOT of confluence right now. I feel very weird about shorting an altcoin right now but when the TA gods speak, i listen.
Reasons to short:
- Rising wedge pattern
- Quadruple bearish divergence on the rsi
- Quadruple bearish divergence on macd
- Bearish divergence on the daily
- Bearish divergence on the 1 hour
- Strong weekly...
We clearly see ascending triangle pattern, and we can see HIGH-LOW and again HIGH-LOW i'm marked it blue color High poin and Low point, and we can wait for resistance to breakout to UPTrend.We see green trendline show as support level and we can breakout soon an possible, success touches trendline. Now we can see resistance level and breakout confirmed. good luck...
After holding the 63$ level (previous resistance), we have retested it as our current support and seems to me that we are about to experience a strong imbalance in the trading range via a breakout.
Everyone who has sold is likely out and we should see new interest coming into ZECUSDT which has been moving together with XMRUSDT and DASHUSDT.