metasequoia

ZEC Looking for a Break

Panjang
BINANCE:ZECBTC   Zcash / Bitcoin
Skirting around an average of 0.0038 (pink line) and looking for a break anywhere within the area marked with a star. Expecting a break followed by a backtest around the pink line - followed by a monolithic pump right up to the 0.236 fib line to get warmed up.

Volume is good - particularly on the lows, but until it cracks the overall downtrend - doom is still on the cards.

Someone filled their bags hard on the drop ending 9th Jan.

It’s hard to estimate; or understate the importance of PRIVACY in a world with eyes in every corner.

NOT FINANCIAL ADVICE.
DO YOUR OWN RESEARCH.
Penafian

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