$TAO is sitting at 230 right now, down about 4.7% on the day after getting rejected hard from that 291.6 high it printed in mid June. Looking at the 4 hour chart, the move from the 183 low was actually pretty explosive, price basically tripled the size of prior candles on the breakout and ran straight into the upper Bollinger Band before stalling out.
Since that peak we've seen a clean pullback, MA7 has already crossed back below MA25, which is usually the first sign that short term momentum h...
$ZEC is approaching a key level that could either support or challenge my relief rally thesis.
After rallying to around $520, which aligns with the shoulder base area, price pulled back roughly 20% and is now testing the previous lower high near 440.
If 440 holds and Zcash can establish a higher low, the bullish structure remains intact and another breakout attempt becomes more likely, potentially invalidating my relief rally view.
However, a decisive break below $440 would strengthen the cas...