#8 ZCASH - POTENTIAL SETUP - 18.59% SHORT TERM - 47.41% LONGER TERM
Good day Steemians
Potential setup - Zcash
We are currently testing an important support level @ $232.20 that co inside with the 50.0 Fibo level . I am looking for a bullish confirmation at this level to enter a position. If no confirmation presents its self I will wait for a confirmation at the 61.8 Fibo level.
A potential short term profit target of 18.59% is expected at $302.15 and a longer term target of 47.41% at $388.96.
Please do not hesitate to ask any questions you might have.