Once again, I am back with a zcash analysis.
So Zcash as my previous analysis has stated, tops out at the broadening wedge pattern. ZECUSD loves this pattern, pretty uncommon one I must say.
& as expected, Zcash corrected all the way into $64 region at the bottom of the broadening wedge pattern as well. It has a short term rally and now it is tested the $60s region again.
SUPER BULLISH.
I have also noticed a reversal in trend for ZECBTC. Falling wedge, already broken out of wedge structure. Daily ZECBTC MACD crossover. This is a strong BUY/LONG signal for me.
So Zcash as my previous analysis has stated, tops out at the broadening wedge pattern. ZECUSD loves this pattern, pretty uncommon one I must say.
& as expected, Zcash corrected all the way into $64 region at the bottom of the broadening wedge pattern as well. It has a short term rally and now it is tested the $60s region again.
SUPER BULLISH.
I have also noticed a reversal in trend for ZECBTC. Falling wedge, already broken out of wedge structure. Daily ZECBTC MACD crossover. This is a strong BUY/LONG signal for me.