ZEC(Day Candle Chart) has formed an inverse head and shoulders pattern signaling fading downward strength. Upon completing the H&S formation, the price dipped again but failed to hold below the neck line of the H&S. This is another good sign of bull strength. We are currently at a strong resistance level of about 0.05 BTC, but if it can break above and hold, 0.05 BTC will become a strong support moving forward. Sorry it's so short but I'm in my lunch break.. Comments, questions, corrections? Let me know.
