
ZCASH: ⬆️ Buy
– 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)).
Source: https://fxpro.news