Zcash

Ascending Triangle pattern for Zcash or Hidden Bear Flag!!!??!?!

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It appears as though Zcash is forming an ascending triangle pattern, but often this can be confused with a bear flag depending on the Macro Trend of the asset.

The rsi is in a great place for the price to pump.

We have seen the price of Zcash touch the upward sloping support of the pattern over half a dozen times, this is the first time the price have dipped below the upward sloping support.

The price is going to need to rebound immediately if we're going to see a continuation of the pattern.

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