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Zecash

$ZEC, Historical Lows + Coinbase News = Great Risk::Reward Weekly Looking at our trend timeframe we see price is currently looking to form a double inside our 0.25 support zone. Stochastic RSI showing momentum still has some room towards the downside, price is pretty close to ZEC/BTC historical lows. On July 13 Coinbase announced ZEC was a candidate to be added to their exchange in the near future. FOMO is in in the air… Daily Shifting over to our pattern timeframe we see price broke out of its bearish parallel channel with the coinable news. Stochastic RSI showning momentum has temporarily peaked and we should be seeing a small correction and ZEC retrace towards 0.26 bouncing off our channel. 4Hour Finally looking over at our trigger timeframe we see price has recently formed a double top at 0.28 and we should expect price to fall back towards our breakout zone for a retest of support. Stochastic RSI showing momentum in favor of bears. A 4hour close above 0.28 activates our trade, otherwise wait for a drop towards 0.26
Long
by UnknownUnicorn2434649
ZEC looking bullishStoch RSI is heading upwards with a crossover that indicates bullish moves. MACD also looks like it is going to continue its bullsih trend for a bit longer. Momentum is currently neutral with room to move upwards. The coin is practically bottomed out at this point, just barely hovering over long term support. There is room for ZEC to moon and hit resistance (already decent gains), and if that resistance is broken we can see some huge returns. There has also been a lot of talk about ZEC recently - hype can carry this coin far!
Long
by astronautdotgg