Was looking at monthly chart after seeing the Zcash highly awaited research paper about zk proofs ( eprint.iacr.org ).
Double bottom could form if breakout above that line. High Volume after second bottom is in favor already.
Note:
Not a financial advice.
Don't know TA as of now. Just started learning from TA on FM: A Comprehensive Guide by John Murphy....
Hi all!
Earlier there were lot of TA about ZcashBTC breakout. And I just got to know that the research paper about zero knowledge proof was published today. ( eprint.iacr.org )
So I opened the chart and thought to look at the bigger picture.
I think double bottom is forming as there is quite a high volume after the second bottom. We can only be sure about...
