Zcash Grayscale Trust is about to explode

Nov 23, 2021

micro - inverted head and shoulders base

macro - cup and handle

neckline is 19-19.50

clean breakout into the 20s will trigger a rally

Nov 23, 2021

Note

also note:

its trading at a negative premium vs. the 0.090 Zcash Coins held per share of the Trust

coinglass.com/Grayscale

Nov 23, 2021

Note

also goes without saying, that massive 100k volume bar on Nov 22 was smart money getting in pre-breakout

look for another few big bars like that in the next 7-10 days

Nov 24, 2021

Note

above the neckline

Nov 30, 2021

Note

still testing the neckline, looking for breakout volume

Dec 1, 2021

Note

still building out the neckline support

Dec 3, 2021

Note

sleeping giant