ZCash: Cryptos continue nosedive!Zcash
Intraday - We look to Sell at 108.90 (stop at 114.47)
Our outlook is bearish. Broken out of the triangle formation to the downside. Neckline resistance 109.00. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 109.00, resulting in improved risk/reward.
Our profit targets will be 94.10 and 92.00
Resistance: 107.00 / 109.00 / 111.00
Support: 104.00 / 102.00 / 100.00
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