Zcash / BitcoinShort
ZEC 1D
Updated
StochasticRSI bounced off the plotted ceiling. May have support on the way back down in the 40~ pt area.
Double top on RVI
Price is forming a wedge/channel downwards. However, it has strong psychological support between the .236 and .382 fib levels.
I would watch for a topside break of the wedge and buy near the bottom if other indicators support it at that time.
Double top on RVI
Price is forming a wedge/channel downwards. However, it has strong psychological support between the .236 and .382 fib levels.
I would watch for a topside break of the wedge and buy near the bottom if other indicators support it at that time.
Note
Price is consolidating to the bottom of the wedge. Next support is at the .236 fib line and if that doesn't hold the price could slip to the bottom of the Kumo at 311k~
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