Zec
ZEC/USD long term entryZEC looking to start a trend reversal to the upside direction to end its bear market trend
ZEC $8 BottomZEC looks like it isn't over yet, with I'm guessing around an $8 bottom. I put an arrow where I believe we are in the correction (assuming the last correction ended the same way as ZEC will, wouldn't be surprised).
$15-$50-$8 targets, and then we can begin it's alt season, mid 2020.
Not financial advice.
Zcash has shown a strong reversal pattern !Hello, Traders!
Monfex is at your service and today we overview ZEC/BTC.
Diamond reversal pattern.
This pattern also finds support from RSI, the indicator has a certain upward trend, which is a good sign for bulls, but most likely not soon.
The support zone ~ 0,004350-4300
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
