ZCash ZEC came to life at the start of February. It got overbought around the 10th and it's fortunes turned down. Now it has found support at 0.04655. If it gets back to the center blue line in this chart I will be buying again at 0.049 with a stop at .046.
Note
The trend is now down so will be very patient before buying ZEC.Note
A small inverse head and shoulders pattern is enough for me to buy a small stake in this at 0.0439 with a very tight stop. I'm told the fundamentals look good too.Note
Price action trumps everything. Heading lower so exiting now. Should of waited for breakout to confirm .
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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.