Zcash is one of those things that has thrown me off the most these past couple months.
Everything else including
BTC has been nuking, but
ZEC has shown insane strength.
It now appears this dino-coin is nearing the end of its run.
đźš© Double Top formed after impulsive 5-wave move.
đźš© Doji Candle followed by Bearish Engulfing on the Daily
đźš© Exaggerated Bearish Divergence on the RSI
đźš© Euphoria has been diminishing from the TL
⚠️ If it loses the 9EMA, this should confirm the next corrective wave down.
I like the ideology behind Zcash and what it offers to the market, but it has no right to be pumping with ₿itcoin nuking.
Everything else including
It now appears this dino-coin is nearing the end of its run.
đźš© Double Top formed after impulsive 5-wave move.
đźš© Doji Candle followed by Bearish Engulfing on the Daily
đźš© Exaggerated Bearish Divergence on the RSI
đźš© Euphoria has been diminishing from the TL
⚠️ If it loses the 9EMA, this should confirm the next corrective wave down.
I like the ideology behind Zcash and what it offers to the market, but it has no right to be pumping with ₿itcoin nuking.
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Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
