An inverse head and shoulders pattern formed in privacy-focused cryptocurrency Zcash. This is a typical trend reversal pattern but may be breaking down with price action failing to overcome resistance at the 50 EMA. Price action rose above the 50 EMA yesterday but has since retraced below. Price has dropped around 5% on significant volume, […]Zcash [ZEC] Declines After Failing to Break Support was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
![Zcash [ZEC] Declines After Failing to Break Support](https://images.cryptocompare.com/news/blokt/80000000000.png "Zcash [ZEC] Declines After Failing to Break Support")
