Zcash: ⬆️ Buy
– Zcash reversed from support zone
– Likely to rise to resistance level 383,00
Zcash cryptocurrency recently reversed down from the support zone between the round support level 300.00 (former resistance from March), 20-day moving average and the 50% Fibonacci correction of the previous upward impulse 1 from March.
The upward reversal from this support zone started the active short-term corrective wave (b).
Zcash cryptocurrency can be expected to rise to the next resistance level 383,00 (which stopped the previous minor impulse wave I at the start of this month).