Zcash grinding along in rising wedge

hedgewithcrypto의
업데이트됨
Looking at the chart of zcash against the Dollar, price is within a rising wedge pattern. The RSI is grinding up and appears to lack any conviction.

Odds favor a downward move. Targeting the 38% Fib as the first target should a breakout of the pattern occur.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
액티브 트레이드
We have the breakout. Manage stops according to your risk appetite.
액티브 트레이드
I've moved stops to BE
거래청산: 스탑 닿음
Out for breakeven
코멘트
Interesting how it failed to reach the 38% Fib. Sign of strength?
Bitcoin (Cryptocurrency)Chart PatternscryptopatternRising WedgeTrend Analysiszcash
hedgewithcrypto

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