The bull market that begins in 2018 when the ZCash rises through the 50-Day EMA
, it was a sign of a new bull market. In addition, when the RSI
rised through 50, it was another sign of a new bullish trend
. When MACD
line rised through the signal line, it confirmed another sign the bear trend is over. Also it should be noted that on 3 Day TF, the MACD
Line moved above the zero line to turn positive.
After trading as low as 0.047 during the day, the coin found the key support level
at 50-Day and 100-Day EMA
. The failure to close below the support could increase that levels importance as support going forward.