Zcash Entering accumulation zone
Updated
Zcash appears to have broken out of its downtrend as indicated by the purple line. I wouldn't expect it to go back up however immediately. Look for any buys at around 0.05. If you can get some below 0.05 that would be a bonus. Some range trades may be at play for the next couple of months. Hopefully, by the end of this year or early 2018 barring another fundamental catalyst, it will hopefully break out of the zone and continue its rise to the previous high and possibly beyond. Good luck all.
Note
Under .05 at the moment.Note
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One month in and this is playing out nicely so far. If you're thinking about trying get ahold of some ZEC try and pick some up under 0.05. When it dips below, it bounces up pretty fast.
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