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IvanLabrie
Nov 23, 2017 12:43 PM

ZECUSD: Weekly and daily analysis - Huge upside possible Long

Zcash / DollarBitfinex

Description

I'm holding long positions as per my previous publications' updates. Added recently, and now waiting to add once we have a new short term buy signal. For now, looks like we could consolidate for a few days before marching higher. XMR is in a very strong trend too, both offer a great opportunity for investors, specially if you rode the rally in BTC, and want to reduce exposure and risk in it, moving to greener pastures, like ETH, ZEC, XMR, NEO, and others that we're currently trading and holding.

Best of luck,

Ivan Labrie.

Comment

Sideways until the estimated time, then UP.
Weekly trend in control in ZECUSD clearly
Aiming for target #1 here soon.

Comment

ZECUSD and ZECBTC futurology
There's a chance we see stagnation vs BTC in ZEC, until end of year, then we could rally more until we hit resistance, finally resuming the rally vs BTC by the end of February 2018.

Comment

ZECBTC will GO this time...

Comment

ZECUSD held support admirably, should be ready to trend up again

Comment



This would be a buy, stop at $401.99, but profit might be better if long BTCUSD now. Not a bad portfolio pick overall, if looking to diversify.

Comment

Taking too long to rally, and too little time to hit targets #2 or #3...I think this one topped for now, at target #1...



Will underperform BTC.
Comments
JRFreeze
Let it roll!!
timwest
Right along the forecasted price range for the advance = fantastic!
IvanLabrie
@timwest, thanks Tim!
malotiin
wow nice forecaste ivan!
DomarkasM
Hi, Ivan Labrie. It seems that every cryptocoin is bleeding. ZEC got hit quite hard, so I wonder, if it is still worth holding to ZEC? Or XMR and ETH for that matter.
IvanLabrie
@DomarkasM, I'm holding, the weekly trend is up, if we rebound from this drop we will go straight up again.
DomarkasM
@IvanLabrie, thank you!!!
whoisthelorax
I agree. The announcement of zcash trading instrument (ETF? Can't remember) is being overlooked by many. Zcash will be only top privacy coin that wall street stock holders have immediate exposure to with this vehicle.
showmaker
target?
janor123
@IvanLabrie im having a conflict in my mind about whether it is safe to make decisions based on TA of a /BTC pairing chart. Like for this chart for example, what if BTC goes on a massive run again? Then the satoshi price of ZEC will tank even though the USD value may rise. Have you found this not to be the case?
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