Zcash / Tether USD
Singkat

Potential Double Bottom Reversal

121
Potentiall seeing a double bottom reversal with ZEC/USD. Clearly can see a bearish run from the peak of 430 down to the low of the first trough at 250. Trough then peaks at around 360 before declining into second trough, reaching a low of about 265. The advance from the trough was evident due to a high amount of buying pressure, which then sees a clear resistance break. From here this break will potentially see the resistance line become a support line. Should become clearer in the next few hours. What has become clear though is we can see a trend reversal and it now begins a bullish run. Price target is ~430

Penafian

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