A lot of big money has been pouring into Zcash in the past year. If you look at the volume, more people are trading it now than during the crypto craze of December 2017. The important thing to note is that volume is increasing as price increases. I think we could see a return to the $300 price area this year.
We saw clear support at the bottom of the channel. Amazon will likely move up to test the 50 dma in the coming weeks. After that I think we're heading back down.
If Bitcoin doesn't break above 12k in the next day or so it'll likely be moving down to 8k. Might be time to move back into alts!
Today marks the fourth day of red candles after NFLX rejected the 200 DMA. It should find the bottom trendline some time next week. Get your puts ready.
Be ready to buy those calls if CGC holds the bottom trendline.
Watch out if SPY breaks through the top trendline in the coming days. It will likely find support at the 200 DMA before continuing to the bottom trendline. In the unlikely scenario that SPY continues up past $301 we could see a small bull run.
$45 has been major support for years. If it breaks this stock will drop fast in the coming months. There could be a possible short term rise to the 200 DMA line.