This is the USD version of the zcash chart and I'm going to keep this one short and sweet. Go read the commentary in the linked chart for a narrative of what I see in the future for Z-Cash. The long and short of it is, on the weekly we can see a cup and handle formation which is in the process now of breaking out to the upside.
We are likely to form a flag here for a few days, as buyers from this range likely try to unload, which is likely to have little to no effect on price, since most old-time sellers are flushed out, and N00b sells are immediately snapped up. Then we see price fly, up up and away, with really nothing in its way until potentially about $300.
In other words, Z-Cash will triple in value against USD in the next three months, and rise 250% in value over bitcoin in that time as well.
@Tradetech777, good move. From here on in every ZCash you aquire will be harder to get than the last. I wonder when the average trader learns that there's only 21m ZCash in the world? Personally imma be a whale - I kind of like the thought of raining millions on noobs at the top, letting em FOMO and crash, and then buy up the pieces and repeat. Sounds like the life to me.
thinking of taking profit