Zcash, end of retracement?
According to the support line and the fibonacci retracement, I believe we are about to reverse to the bullish trend (1hr).
Also MACD indicates we are close to the reversal and RSI is sneaking up.
TP 285
SL 230
Also MACD indicates we are close to the reversal and RSI is sneaking up.
TP 285
SL 230
Note
We have a resistance at 258, a small pull back is expected but still bullish big picture.
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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.