ZCASH/BTC Analysis
ZCASH/BTC:
1) Falling wedge breakout
2) Possible double bottom
3) Both RSI and MACD bullish on the daily
4) Volume picking up, still lacking though.
5) Keep your eye on bitcoin as it influences the entire market.
1) Falling wedge breakout
2) Possible double bottom
3) Both RSI and MACD bullish on the daily
4) Volume picking up, still lacking though.
5) Keep your eye on bitcoin as it influences the entire market.
Note
On the 4 Hour:1) Breakout of falling wedge.
2) Double bottom forming.
3) RSI and MACD bullish divergence.
4) Cloud still red but tightening.
Note
On the 15 min:1) Bull flag forming.
2) Macd still bullish.
3) RSI slight divergence but still well off from being over bought.
Note
If Breakout Fails:Note
RSI on the Daily being squeezed:Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.