FYI - Zcash broke free from this previous structure and sitting just between $425 - $450. Now, still sitting below the track line, I would watch for either further rejection or a retake of the track line above that $450 mark. There's a move still pending with this shaded squeeze still sitting here so keep that in mind - that's why we need a catalyst to show us which way.
Being so close to EOY, I would expect a rejection first unless we get a Santa rally surprise. Either way, watch for a move on the horizon. 👌
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$ZEC
FYI - Zcash broke free from this previous structure and sitting just between $425 - $450. Now, still sitting below the track line, I would watch for either further rejection or a retake of the track line above that $450 mark. There's a move still pending with this shaded squeeze still sitting here so keep that in mind - that's why we need a catalyst to show us which way.
Being so close to EOY, I would expect a rejection first unless we get a Santa rally surprise. Either way, watch for a move on the horizon. 👌