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Zcash / Bitcoin

ZEC/BTC Main trend Channel The price is at the channel resistanc

By SpartaBTC
Updated
The main trend. Downlink. The price is at the zone of its resistance. Below the downtrend, a triangle-like formation with a base of 123% has formed. The price has overcome the secondary downtrend quite a long time ago, during the formation of this "triangle".
A breakout and price fixation above the downtrend will reverse the trend.

It is also worth noting that this is an "anonymous coin" that will be used in a future FUD news game to guide prices from BTC. I think everyone understands that there is no anonymity, everything anonymous is created only in order to find out that you have anonymous.
Note
snapshot + 23% from breakout, rollback after the breakdown of the triangle resistance. The price has crossed the zone of the main downtrend line at the moment. A local uptrend is developing.

If there is a movement in the BTC / USD pair according to the development of the triangle that has already been formed, then with a high degree of probability a pair of alts to BTC including ZEC may sink or at least start sideways. Consider this in your trading strategy.
Note
snapshot + 87% from the breakdown of the resistance of the triangle and exit from the downtrend. The long downtrend has reversed. Important resistance zone 0.0064. The coin is quite volatile and there are many rollbacks by shadows with price retention (large positions in large market participants + not strong liquidity) use this in your earnings
Note
snapshot after the breakout of the descending line of the main trend, a local ascending channel has formed. At the moment, the price has reached the support zone of the mirror level.
Chart PatternscryptocryptocurrenciesCryptocurrencycryptocurrrencycryptotradingTrend AnalysiszchashzecZECBTC
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