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noam_chom

Binance Market - Zcash vs Bitcoin - double bottom reversal

Long
Zcash / Bitcoin (BINANCE:ZECBTC)  
noam_chom Updated   
BINANCE:ZECBTC   Zcash / Bitcoin
Trend Analysis Chart Patterns Fundamental Analysis zcash zec ZECBTC ZECUSD robinhood Cryptocurrency crypto Bitcoin (Cryptocurrency) Ethereum (Cryptocurrency)
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trendanalysis chartpattern fundamental zcash zec zecbtc zecusd robinhood cryptocurrency crypto bitcoin ethereum
Maximum near term target is 10X from the local bottom which about 0.019000

the 5X target looks more reasonable 0.0110000

less ambitious targets also relevant. Primary drivers are the supply shock squeeze, and whether or not Robinhood App includes Zcash in its new set of crypto asset markets.

Its already got access to the #2 and #3 FOMO apps which are WeBull and Public.com
Comment:
rounding out the bottom. trade still active
Comment:
breakout above the 20 ma is confirmed, now retesting the 50 ma as support.

long way to go up for the 200 (at approx 0.011000 bitcoin)
Comment:
massive rejection on the breakout. needs to consolidate and retry another move above 0.0044000
Comment:
huge dry up of volume. risky to long here without bullish volume confirmation
Comment:
this is starting to look appealing again. prior breakout rejected fast.
Comment:
Rally to April 18th!
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