When looking at ZEC on the daily TF we can see that is currently trading right below one of the strongest support resistance zones that have been established for this project. Privacy coins are becoming more favorable these days with a lot of centralization happening in the crypto space with companies we thought were for the people and decentralization. This key resistance level needs to be broken through decisively. ZEC also needs to show strength by trading in the new range shown above its current resistance. If that second line is broken through and ZEC can trade strongly above those levels another run to the previous highs is looking more possible. It's a strong OG project that's not going anywhere anytime soon.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.