As predicted in my last analysis, Zcash dropped down from the tight area it was in and found support at the bottom of the channel at the 105-107 area. From here Zcash may continue to bounce around inside the area between the bottom of the channel and the blue triangle before a break above the triangle, or it may simply break above the channel. As before, upon a triangle breakout, a move towards the top of the uptrend channel to around 125 is expected.
Smoking Horsey
Smoking Horsey