See how the Bearish Flag is playing out for ZEC. View live chart.
Bearish continuation if preceding move was down.
Gradual reversal from bearish to bullish.
Technical analysis of Zcash (ZEC) reveals a significant setup. Currently at $454.46, the asset is showing downward momentum (-4.69%). Price action has carved out a classic Bearish Flag. This setup is supported by average volume turnover. A potential breakout level is identified at $255.78, targeting $0.01 with support near $540.16 (R:R 0.9).
What is your outlook on ZEC?