PeterLloydJones

ZCASH MAKE OR BREAK! :\

BITFINEX:ZECBTC   Zcash / Bitcoin
299 4 3
---DISCLAIMER---
DO NOT BASE YOUR TRADING STRATEGY ON MY CHART ANALYSIS, THIS IS ONLY MY SECOND GO
OF ANALYSING SO I AM VERY NEW AND I AM ULTIMATELY JUST TRYING TO LEARN
---DISCLAIMER---


HEY GUYS

bless you all, enjoy the life

here we have zcash, breaking its trend and moving into a new channel. against btc             it looks to be following its old uncle down on the rabbithole and unfortunately dropped some solid momentum following an inverse head and shoulders down to the 40-41k satoshi range. volume has since dried up and it is now looking like zcash may break the new channel line and continue down to be feasted on by the bears ;'(

we do have some optimism in the beginning of a relatively thick komu cloud support on the 1day! the low bearish volume isnt too bad however we will have to increase that into some bigger green volume to sustain this new channel i think!

if i wake up tomorrow however and see a big green candle off the bottom trend line i will be happy because i will have predicted my first movement in the market :))))))))))))

anyways

peace to you all, get that money and stay safe
Good, seems like it bounced off the support. Hoping the volume increases :)
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You should change your ichimoku settings to 20,60,120,30 for crypto.
You're right on though - ZEC is a nice long for the next couple of days!
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PeterLloydJones bjhriemersma
@bjhriemersma, thanks for the reply, will adjust accordingly, may i ask why these are good settings though friend?
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bjhriemersma PeterLloydJones
@PeterLloydJones, Sure. The regular settings are based on markets that are much slower than crypto, trade only from 09:00 to 17:00, and are closed in the weekends.
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