Interesting pattern forming in Z-cash here. We need Bitcoin to hold 10K for this to remain in tact, otherwise this could break to the downside and get really ugly. But if we can make a run up to new all time highs from here, we could be in for a massive ascending triangle break, which would propel Z-cash into the $1,000 levels.
This analysis would be rejected if we see price break below $350, and would mean the entire market is getting crushed on the back of a BTC deeper correction. But if we see this trend-line hold - get ready.... $400 would be a good sentry point to pick some up for this swing opportunity - SL below $350.
Excited to see how this plays out.
This analysis would be rejected if we see price break below $350, and would mean the entire market is getting crushed on the back of a BTC deeper correction. But if we see this trend-line hold - get ready.... $400 would be a good sentry point to pick some up for this swing opportunity - SL below $350.
Excited to see how this plays out.