ZCash was one of the strongest coin during the massive selloff we had.
As we see on the graphic , it is moving in a falling channel .Price supported by the falling channel border and moved up to red line.
Here ZCash showed its strength and moved upwards by breaking the red line.At the moment on the H4 graphs , old resistance turn to support ( small rectangle) and keeps higher. This move will keep till big rectangle which is around 480-500$.
As we see on the graphic , it is moving in a falling channel .Price supported by the falling channel border and moved up to red line.
Here ZCash showed its strength and moved upwards by breaking the red line.At the moment on the H4 graphs , old resistance turn to support ( small rectangle) and keeps higher. This move will keep till big rectangle which is around 480-500$.
Note
Target reached.
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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.
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.