Zcash / TetherUSLong
Zcash (ZEC/USDT) – 30-Minute Timeframe Analysis
Zcash (ZEC/USDT) – 30-Minute Timeframe Analysis
We’ve observed an Inverse Head and Shoulders pattern forming in Zcash (ZEC/USDT), signaling a potential bullish reversal. The price has successfully broken through the resistance level, confirming the pattern and indicating a move higher.
The Target
Based on the breakout, the next target aligns with the black level zone, which serves as a key resistance and profit-taking area.
We’ve observed an Inverse Head and Shoulders pattern forming in Zcash (ZEC/USDT), signaling a potential bullish reversal. The price has successfully broken through the resistance level, confirming the pattern and indicating a move higher.
The Target
Based on the breakout, the next target aligns with the black level zone, which serves as a key resistance and profit-taking area.
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WiVERIDERS
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.