- ZCASH broke key resistance level 174.20
- Likely to rise to resistance levels 200.00 and 220.00
ZCASH cryptocurrency recently broke above the key resistance level 174.20 (which stopped the previous minor impulse wave i at the start of this month).
The breakout of the resistance level 174.20 follows the earlier upward reversal from the support level 120.00 coinciding with the 38.2% Fibonacci correction of the upward impulse from August.
Given the clear daily uptrend, ZCASH cryptocurrency can be expected to rise to the next resistance levels 200.00 and 220.00 (target price for the completion of the active impulse wave (C)).
- Likely to rise to resistance levels 200.00 and 220.00
ZCASH cryptocurrency recently broke above the key resistance level 174.20 (which stopped the previous minor impulse wave i at the start of this month).
The breakout of the resistance level 174.20 follows the earlier upward reversal from the support level 120.00 coinciding with the 38.2% Fibonacci correction of the upward impulse from August.
Given the clear daily uptrend, ZCASH cryptocurrency can be expected to rise to the next resistance levels 200.00 and 220.00 (target price for the completion of the active impulse wave (C)).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.