Zcash was consolidating for a long time since 10th of February till 1 week ago. That would be more than 100 days consolidation. Now, after longer consolidation and after regaining 50% in 30 mins time on the 14th of May its was more than clear that Zcash is trying to push up. Made an uptrend from 0.02 Uptrended from 0.0292 touched 0.0456 mark and retraced, but...
Technical analysis: . ZCASH/ETHEREUM is in a Range Bound and Beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.390 to 0.329). if so, traders can set orders based on...
Technical analysis: . ZCASH/ETHEREUM is in a Range Bound and Beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.390 to 0.329). if so, traders can set orders based on...