Zcash Grayscale Trust is about to explode

micro - inverted head and shoulders base

macro - cup and handle

neckline is 19-19.50

clean breakout into the 20s will trigger a rally

Note

also note:

its trading at a negative premium vs. the 0.090 Zcash Coins held per share of the Trust

coinglass.com/Grayscale

Note

also goes without saying, that massive 100k volume bar on Nov 22 was smart money getting in pre-breakout

look for another few big bars like that in the next 7-10 days

Note

above the neckline

Note

still testing the neckline, looking for breakout volume

Note

still building out the neckline support

Note

sleeping giant

noam_chom

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noam_chom