My Current View For Zcash (Chart Mapped)

Here we have the chart for Zcash (ZECBTC).

We have bullish indicators and prices challenging resistance.
The immediate resistance is now EMA200 (0.005663).

ZECBTC will continue to push up until this level breaks.
If not enough momentum can be gathered, prices will retrace before the next try.

We remain bullish even if prices drop below support.
We expect a strong bounce after if such a scenario comes to pass (blue arrow).

Namaste.

Kommentera:

The weekly chart shows a lot of room still available for growth: