Big falling wedge pattern in ZEC/USD.
$70 is key support level. Price briefly tested this area recently. Would make a great base for a huge leg up. In order to confirm breakout of the falling wedge we will need a candle body close above the light grey diagonal resistance line. Look for a retest upon break out but sentiment could switch to bulls quickly.
Also we might have a golden cross on the daily candle, after xrp daily candle had a golden cross the following day saw a 50% pump.
Interestingly, a 50% pump would take ZEC to the majorly anticipated resistance around $110.
Most intraday timeframes are in overbought territory in Stoch RSI .
What will ZEC do? (prob 100x in a year like BTC did after its first halving)
Not investment advice.
$70 is key support level. Price briefly tested this area recently. Would make a great base for a huge leg up. In order to confirm breakout of the falling wedge we will need a candle body close above the light grey diagonal resistance line. Look for a retest upon break out but sentiment could switch to bulls quickly.
Also we might have a golden cross on the daily candle, after xrp daily candle had a golden cross the following day saw a 50% pump.
Interestingly, a 50% pump would take ZEC to the majorly anticipated resistance around $110.
Most intraday timeframes are in overbought territory in Stoch RSI .
What will ZEC do? (prob 100x in a year like BTC did after its first halving)
Not investment advice.
注释
Looks like were headed back to the diagonal support line to retest the recent low. If that holds this trade setup still stands.注释
Pattern holding & breakout still expected.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。