Zcash has run from the 570s to 1,050 dollars in two weeks, setting a nine-year high, and is now catching its breath around 1,019 dollars.
All three chart views sit above their key average lines, and the zone where pullbacks tend to stall overlaps the 961-dollar level buyers defended yesterday, right inside 948 to 972 dollars.
If 918 dollars gives way, half of this entire advance has been handed back and the call is simply wrong — which is exactly why the stop sits just beneath it.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.