As with many coins out there right now, Zcash also has a long descending trend line proving troublesome to break. Recent events with ZEC have proven this to be true once again.
Price has recently tested this trend line whilst at the same time being rejected by resistance levels at around $48-$50.
We do have a nice support line on the underside which should be used as a target for this short, offering well over 10% in gains on this trade.
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Price has recently tested this trend line whilst at the same time being rejected by resistance levels at around $48-$50.
We do have a nice support line on the underside which should be used as a target for this short, offering well over 10% in gains on this trade.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.