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$ZEC has ran into some new resistance on this last leg up over ~$1,500. Resistance itself sits at $1,595 for Zcash on the Daily.
You'll notice right away that this bearish reversal (yellow R candle) has already been invalidated by ensuring the next candle did not close below it. Now, we are closing in on a new invalidation as we test this range again.
Just watch for an attack on that upper resistance area on the upside, and then watch for any dips/closes below the LTF S/R near ~$1,510. So far, it's holding it quite well and invalidating every bearish signal thus far on the 4HR. Just gotta see
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GM all 👋 how we feelin' this weekend?
$BTC confirming this reversal and heading back to the upper range on the Daily.
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BTC+5.86%
$ETH taking a page out of the same playbook with Bitcoin. Reversal confirmed and is now heading to test this upper resistance area again.
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ETH+4.53%
BTC+5.86%
$ZEC just absolutely crushing it. Barely took time to back-test the Daily track line and then took off immediately again. Definitely on fire.
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$amp
Heads up here. Reversal printing with a new shaded squeeze on the Daily. Something to watch.
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AMP-1.70%
$ETH showing just how indecisive this week has been. Reversal after reversal. 😅
Ethereum will knock some socks off.
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ETH+4.53%
$BTC
Heads up, something to watch on Bitcoin: a reversal just popped up on the Daily after yesterday's rate hike. Curious to see if we close above ~$76.5k.
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BTC+5.86%
GM 🤙
Crypto said, "what rate hike?"
GM peeps
Sentiment is very split right now.
GM
Here we go guys. Let the craziness continue.
$ETH is absolutely ready to rock.
ETH+4.53%
Everyone ready for a wild week?
$ZEC
That's what I was looking for. Let's see if this confirms this local top for Zcash, which is highly likely.
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$ETH 4HR squeeze fakeout?
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GM - here come all the bears screaming they were right after single-digit dips. Les go
GM+2.82%
Tap tap. Wild PA lately, love to watch this stuff unfold 😅
$BTC
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BTC+5.86%