Zcash cryptocurrency recently reversed up from the support area between the round support level 300.00 (former resistance from October, acting as the support after it was broken by the previous upward impulse wave 3, as can be seen from the daily Zcash chart below), lower daily Bollinger Band and the 61.8% Fibonacci correction of the sharp upward impulse from the middle of September. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Bullish Engulfing. Given the strength of the aforementioned support zone near the support level 300.00, still oversold daily Stochastic ... (full story)