ZECUSD hit target and pulling back. Zcash retrace watch
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Quick plot to map some possible support zones.
ZEC looks to be itching to join its brothers in running with the bulls. It recently spiked on Coinbase, perhaps due to a "fat fingered" order. Now it is retracing that spike and may well take it all or mostly back.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line. .
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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.