Looks like a big ole bag over here just waiting for the taking.
MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50.
If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric.
Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside).
Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.
MACD is curling towards a bullish cross. 200 day MA held the line. RSI is on the verge of a test at 50.
If the RSI test at 50 fails, this trade could go bust. But remember more often than not it takes more than one try to break through a significant level no matter what the metric.
Either way, Zcash is looking primed and ready for some significant moves (most likely to the upside).
Targeting $300 at least. Might sell some at $250 to play it safe and lock in gains.