Zcash Channel Bound

8 Oca 2018

Zcash the cryptocurrency looking to use blockchain to change the way entertainment is distributed and sold is currently range bound. The currency recently broke above its level of resistance of ~592 USD and then run up against a ceiling of resistance near its all time high between 760-780 USD depending on the exchange. Watch for Zcash to stay range bound until it breaks out of down.

10 Oca 2018

Not

Zcash is still moving within its channel.

16 Oca 2018

Not

Zcash hit the lower bound of its channel once again. Look for a reversal to hit 700+ before hitting resistance.