A little about ZECUSD

Dear friends, I want to share the situation with ZECUSD.

The pair ZECUSD continues to be in the consolidation. Resistance 590 is still very strong, the price ignores the local support of 540, but a little lower is the rebound up. At the moment I see no reason to grow, the only exception is the scenario with the purchase from support 500, coinciding with the point "P", then the breakdown of the triangle (but it is not too obvious).

PS. Even in case of breakdown, there will remain a strong resistance in front of 590. A fundamental factor is needed to update global hays.

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Information presented in this material is the opinion of the author and is not an offer to a specific action.

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