Zcash
Long
Updated

ZecUsd- Higher after triangle's break

852
October was a very good month for Zec holders, with the price rising 90% from the bottom to the top.
After reaching 189 high, ZecUsd has started to correct and consolidate gains and we can clearly see a symmetrical triangle on our chart.
I expect continuation after the break and 230 zone resistance can be the target
A drop under 150 would negate this scenario
Note
As expected, Zec has broken triangle s resistance and now is flirting with the recent high.
I expect a break above here also and the coin has a clear road to target

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.