Raynil

ZCash - Falling Wedge, Long

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Raynil 已更新   
BITTREX:ZECBTC   ZCash / Bitcoin
ZCash has fallen, to its lowest level from 06-2017, the current bull trend appears to be a falling wedge, I believe it should breakout upwards shortly and produce a good return - going long. Would like to hear other people’s opinion on this, as my I’m fairly new to chartwork?. Also looks like a relatively good outlook due to the small depression in Bitcoin price, which seems to be causing a general movement of cash into the altcoins. Additionally, on the more fundamental / macro side ZCash has committed to funding 10 projects a total $127,000, which may lead to interesting increases in the utility of the coin itself. (More Info here: t.co/zvOOpMq2tz ).
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Crossing upper resistance at 0.04208BTC/ZEC.
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