Zcash: Double Bottom In the Making
Updated
Zcash is looking to break the bear trend line and rocket upward to complete a double bottom pattern once past 313 USD. It is bullish now; a few days after the ZECBTC pair closed outside the 1D bollinger bands and left it's accumulation zone.
For this ZECUSD pair, watch for both a breakout of bear trend line and also a close outside 1D bollinger bands.
For this ZECUSD pair, watch for both a breakout of bear trend line and also a close outside 1D bollinger bands.
Trade active
Note
ZECUSD Fib ext shows target being 161.8 fib Trade closed: target reached
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