Although ZCash may look to be recovering atm, it appears this spike came a little early as the major trend line needs to completely flatline before this major structure is complete and we can see new volume pumps into the market signifying a new BULL run. These volume spikes will come before price surges so keep an eye out!
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looking at this chart again I feel I pushed the lines to see what I wanted. If you follow the curve line on the dips as it falls, the bounce back is understandable. Also, with recent push, it may have broken out of descending wedge