🚨ZEC BREAKS $1,100 AND ENTERS THE TOP 10!
Zcash traded through $1,100 and printed as high as about $1,200, lifting its market cap near $19 billion.
$ZEC is now in crypto’s top 10 by market cap.
The move extends the run that started after @Grayscale listed $ZCSH
As Per ZEC Chart, you can see a Beautiful Cup & Handle Pattern formed on the Weekly Timeframe.
@Zcash has already broken the Neckline/Resistance of this pattern, and if the pattern follows the 100% target, the target could be around $2,200.
No doubt, Cup & Handle is a strong and powerful bullish pattern.
But IMO, these patterns have much higher accuracy when they form near the bottom or after a long downtrend/accumulation phase.
#ZEC'sMarketCapSurpassedDOGE
#ZECHitsANewAllTimeHigh
#zec
Zcash traded through $1,100 and printed as high as about $1,200, lifting its market cap near $19 billion.
$ZEC is now in crypto’s top 10 by market cap.
The move extends the run that started after @Grayscale listed $ZCSH
As Per ZEC Chart, you can see a Beautiful Cup & Handle Pattern formed on the Weekly Timeframe.
@Zcash has already broken the Neckline/Resistance of this pattern, and if the pattern follows the 100% target, the target could be around $2,200.
No doubt, Cup & Handle is a strong and powerful bullish pattern.
But IMO, these patterns have much higher accuracy when they form near the bottom or after a long downtrend/accumulation phase.
#ZEC'sMarketCapSurpassedDOGE
#ZECHitsANewAllTimeHigh
#zec
