This seems like a make or break moment for ZEC, will it be able to reverse the downtrend? I expect a lot of boring PA in the coming months, trading will probably be confined in the 17 to 34 area for a while.
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This was much faster than expected, but the idea still holds. We could see a wick down to 15 (and maybe even more), but anything below 17 should be bought up quickly and brought back into our range.