ZECUSD ❕ zone holding

٢٤ أبريل ٢٠٢٢

After exiting the downtrend channel, the ZEC started moving within the zone shown on the chart. The price held the lower boundary of the range and the 200MA on the 4H timeframe. It sees a local growth in trading volumes. I expect a second false breakout of the range and fixation above the upper boundary before further growth. This movement should be followed by the growth of volumes, otherwise the setup is not relevant.