Understanding zCash chart
Here is my another stupid idea about what should we expect from zCash next.
Lets draw the Fibonacci channels over zCash chart, and see what is going on since the middle of July after the big drop from 430$ price. As you can see it goes up and down and we can say that grey line of the channel is zCash support zone, as price goes up from it. Also we can see that every next attempt of grows it goes one line upper of Fibonacci channel lines, so maybe the next grows will be until dark blue line and be until more than 500$?
Lets draw the Fibonacci channels over zCash chart, and see what is going on since the middle of July after the big drop from 430$ price. As you can see it goes up and down and we can say that grey line of the channel is zCash support zone, as price goes up from it. Also we can see that every next attempt of grows it goes one line upper of Fibonacci channel lines, so maybe the next grows will be until dark blue line and be until more than 500$?
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