ZEC has been bouncing off the lower cloud line for some time now, testing a bearish turn. A failure to stay on top of this line will confirm bearish sentiment, where we may find support at 0.0417 area. Seeing as how price is now moving sideways into the edge of the cloud, we are looking for a pretty significant jump upward if we're to stay on top of the cloud.
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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.