ZEC/BTC (Major Support Tested?)
BINANCE: ZECBTC
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
-Zcash tested the previous resistance and support area at 5200 sat
-We can see multiple candle rejections in this zone
-This is a Bullish sign but not yet confirmed
-We need to see a break of the trendline resistance
-To confirm that the downtrend is likely over
-And the dominant trend will continue higher
-Not financial advice, please exercise proper risk management
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Thank you! :)
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