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ZEC: NEO: Analysis using Ichimoku 06/06/2020

Long
Zcash (BITFINEX:ZECUSD)  
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BITFINEX:ZECUSD   Zcash
Trend Analysis Chart Patterns Technical Indicators zec ZECUSD zeclong zecshort zecusdshort zecusdlong
98
0
trendanalysis chartpattern indicator zec zecusd zeclong zecshort zecusdshort zecusdlong
H4
The price of ZEC is slowly dropping to the Ichimoku cloud, indicating a local correction.
RSI is in an undefined state.
Conclusion:
Visually viewed local correction. We recommend buying from key Fibonacci support levels of 61.8% and 50%
H1
The price fluctuates around the Ichimoku cloud, indicating a local correction.
RSI is committed to overselling level.
Conclusion:
We recommend buying from key Fibonacci support levels of 61.8% and 50%, as well as when the RSI is come to overselling level.

Good luck!

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