#Zcash
This currency is moving in a downward channel in the daily TF. It is expected that it will continue to decrease until the support of $22 and reach the bottom of the channel.
This currency is moving in a downward channel in the daily TF. It is expected that it will continue to decrease until the support of $22 and reach the bottom of the channel.
❤2
#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
👍147❤51