zcash breaking desc wedge
this is a pretty familiar chart if you've been looking at other alts. some fundamentals: zec is a coin based on privacy. it's a topic which is on a lot of people's minds. monero, another privacy focused coin has been doing quite well recently.
in any case, good signs of a reversal. the descending wedge has been broken out of. there's a lot of support/resistance and fib level confluence, so we can use these to lock into some targets. our next level of resistance will be at the .236 level at .05 btc. breaching this, we'll be able to move on to the next major level at .382 (.07btc)
in any case, good signs of a reversal. the descending wedge has been broken out of. there's a lot of support/resistance and fib level confluence, so we can use these to lock into some targets. our next level of resistance will be at the .236 level at .05 btc. breaching this, we'll be able to move on to the next major level at .382 (.07btc)
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