ZCash is currently on a downtrend from the major resistance zone at 0.074-0.077 ZECBTC.
However, price found support from last week uptrend.
A close above immediate downtrend, may lead to a short-term uptrend to 0.0692 ZECBTC
Entry and Exit levels shown in the graph
Although market is close to historic support levels, last resistance zone failed break could mean further downward movement. So, I would not placing long-term orders now.
WNZ Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
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.
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.