Long

ZECUSD - Zcash supply/demand zones

By C-Nagle

Updated

Supply zones for Zcash. Long positions can be taken out inside the zones or upon confirmation on a break out and up.

Note

Trying to break out. Some positive news has helped.
Worth watching..

Note

Pulled back into the flag

Note

Broken flag again, touched the edge of the box briefly.

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Dropped down from support zone. There is some historical support in the region it's in now as well as 62% fib level. If it continues down, there could be support at the long term trend line (yellow) or another historical support zone and 78.6 fib retracement. I will be looking to add to my core levels of Zcash in small amounts particularly in the green zones

I will assess any shorter term trading options as they present themselves.

C-Nagle

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