TradingView
Tangent1
Jul 16, 2018 1:46 PM

Long Term ZEC USD Long

Zcash / DollarBitfinex

Description

Zcash has been announced to be considered to be added in coinbase, given this the buy volume has increased and could make possible to reach a higher price, the chart pattern confirms a possible movement to a higher price, MACD is Daily is doing a Bullish divergence reaching the positive side, this will translate in the weekly in a MACD line approaching the signal line and once MACD is on the possitive side in daly it will make the MACD line cross the signal line in the weekly, Stoch has a pressure /trend line divergence which could break on late june or early august, causing the expected price increase, CCI as a bullish divergence in the weekly chart if it breaks the middle line we could see a price higher than 384 or go above until 780-790usd(this means either ZEC/BTC value increases tremendously or BTC/USD increases,ZEC USD increases its trading buy volume or both ZEC and BTC value increase)





Long term Targets
Target1 265
Target2 384
Target3 780
Target4 All Time High



Daily Chart

More