Zcash / Bitcoin

Zcash broke down from the Symmetrical triangle!

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Zcash broke down from the Symmetrical triangle!.
Price will test the 0.5 fib level soon. Failure to bounce there will lead us to a bigger/deeper correction.
Altcoins market is still strongly correlated to Bitcoin price action. No new entries on ZEC for now.

Still positive that this is more of a correction in an uptrend than a pump & scheme.

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