Chart Update On Zcash!
Last week ZEC saw a breakout of the $55 weekly pivot, leading to a continuation higher to the $62 level.
After retracing lower , ZEC found support at the 50% retracement level at $54.
Today ZEC is up 5% as it looks ready for the next leg higher. If we see the $62 level met once again I expect some selling.
But over the next few weeks depending on the rest of the market we may see a continuation to the upside levels of $65 and the range high at $7
Last week ZEC saw a breakout of the $55 weekly pivot, leading to a continuation higher to the $62 level.
After retracing lower , ZEC found support at the 50% retracement level at $54.
Today ZEC is up 5% as it looks ready for the next leg higher. If we see the $62 level met once again I expect some selling.
But over the next few weeks depending on the rest of the market we may see a continuation to the upside levels of $65 and the range high at $7