Zcash / TetherUSLong
ZEC/USDT Chart Analysis
#Zcash (ZZEC) / USDT Technical Analysis
The price has broken out of a descending wedge pattern, signaling the start of a bullish reversal. After bouncing off the Fibonacci 0.618 retracement level, ZEC is poised to test its first resistance at $66.87. A successful break above this level could lead to further gains toward $76.36 and ultimately $80.
The price has broken out of a descending wedge pattern, signaling the start of a bullish reversal. After bouncing off the Fibonacci 0.618 retracement level, ZEC is poised to test its first resistance at $66.87. A successful break above this level could lead to further gains toward $76.36 and ultimately $80.
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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.