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dicru
Nov 30, 2020 1:56 PM

ZEC / USD Daily  Long

Zcash / DollarBitfinex

Description

Major factors for bullscenario:

- formation of an uptrend; needs confirmation with a HH
- halving has been successful; lower inflation rate meaning same demand less supply
- Ma's squeezing in a good way: 200MA going upwards above the 50MA, indicating the formation of our uptrend
- Bitcoin in bull run & new investors looking for alternatives will look at largecaps (= ZEC)

Comment

main resistance around $120

Comment

not doing well lol, lacking behind ETH / LTC / BTC

Comment

alts sell-off leading to bounce at HL level

Comment

HH!

Comment

nearing resistance at $120
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