Zcash (ZEC) Long-Term Channel Drawn (101% Potential Profits)

Notice the "blue channel" in which ZECBTC is moving...

There is potential for a challenge now of the upper trendline.

My classic signals (MACD, RSI, EMAs, etc.) are also present and bullish. Some early others confirmed.

We can aim at the upper channel trendline as target or the 0.786 Fib. extension level for the whole structure since January 2021.

I believe the chart to be self explanatory.

This isn't any type of advice.
Just sharing what I see on the chart.

:)

Namaste.

Kommentera:

Upper trendline hits perfect...