Hi all, Zcash is neutral for long time, now 1D and 4H indicators show us oversold positions, on Macd bullish divergence, Zcash is now inside some triangel, but will be out soon, there is opportunity catch move to previous accumulation zone, about 12%, there will be near all time resistance of falling wedge.
Dont forgot get stoploss under 0.0145 (1D candle close)
Target: 0.0165-0.0171
Big all time falling wedge
Bollinger Bands approaching 4h
4h Stoch divergence
I will be update it
Thank you
Trade closed: stop reached:
Stoploss active, now, I am out of a trade. BTC looks bad now, another drop coming
