$ZEC



Heads up! Zcash is flipping the 4HR Phantom indicator and still releasing pressure on this double-shaded squeeze. Coming off of a bottom signal and pushing above the track line. For more momentum, it'll need to break the $533 resistance area next. Now, we just look for signs.

For signs of overall trend, you just have to look at other TFs. The 12HR, for example, looks beautiful. Confirmed bullish reversal right off support, back over the track line, MACD ready, and most importantly the double shaded squeeze that's still in progress afterwards. Ultimately, it's starting to look like upward pressure is getting the upper hand. We could keep going too.. the 6HR has a confirmed bottom signal, the 8HR also has a confirmed bottom, and the Daily has held the track line support thus far.
ZEC-9,97%
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