ZCash was one of those crypto currencies that went bearish from day one. Just recently, it stopped it's bearish movement and went side ways with a nice stable movement.
As you can see in the chart, it is making a triangle in daily chart and had contacts with the top edge for two times. Now, the next time it touches the top edge, there is a big chance it will break up and move toward it's next target (either 100% or 161% on fibo)
Looks like the time for buying ZCash has arrived and the market will rise toward that target soon. Don't let it's small bearish movement for last few days fool you.
As you can see in the chart, it is making a triangle in daily chart and had contacts with the top edge for two times. Now, the next time it touches the top edge, there is a big chance it will break up and move toward it's next target (either 100% or 161% on fibo)
Looks like the time for buying ZCash has arrived and the market will rise toward that target soon. Don't let it's small bearish movement for last few days fool you.