ZEC has had one incredible run up to the T200 mark.
However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now.
-Note the RSI in purple at the bottom of the screen
-As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend
-Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out.
New traders: MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
However, as I stated in a previous video today: ZEC poised to be trapped within it's descending triangle from over this past year. Zcash is in a historic downtrend right now.
-Note the RSI in purple at the bottom of the screen
-As I pull back to look at the daily ticker, you will notice that the strength index has progressively gotten more and more saturated throughout this hyper positive trend
-Any RSI that saturated and just... straight-up -wettt- is going to finally get overstimulated enough to want to tap-out.
New traders: MAKE SURE you take the time every once in a while to pull back on a daily or even weekly ticker and ident your positive or negative overall trends for a token.
