$ZEC - Diving deep(er)?

Based on the indicators, ZEC looks mega bullish. As a result, the token's daily chart shows a bearish EMA crossover.

Usually, this indicates further downward momentum.

All moving averages are bearish, and the ADX indicates a strong trend.

Although we have some first oversold momentum indicators, this signal looks quite reliable.

Historical success rates are promising: In 84% of historical EMA crossover for ZEC the price declined by more than 10% in the following 30 days.

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