Zcash: Double Bottom In the Making

Zcash is looking to break the bear trend line and rocket upward to complete a double bottom pattern once past 313 USD. It is bullish now; a few days after the ZECBTC pair closed outside the 1D bollinger bands and left it's accumulation zone.

For this ZECUSD pair, watch for both a breakout of bear trend line and also a close outside 1D bollinger bands.

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$ZECUSD Fib ext shows target being 161.8 fib

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