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zeroToEdge
Apr 10, 2017 12:32 AM

ZEC reversal. High risk  Long

Zcash / Tether USDPoloniex

Description

It's an alt-coin that still has to prove itself, and has some concerns like z.cash/blog/the-design-of-the-ceremony.html but it's worth to take the risk and seems to find good support at these levels. Don't hold if it breaks supports

Comment

Nice trade, very sharp. No big signs that rally has finished, I took a bit of profit and I will try to add more at 86$. Lower than that, it's a steal.
s3.amazonaws.com/tradingview/snapshots/x/xnFNcPGM.png

Comment

Like most alts, ZEC has entered in bear mode. It's time for 20% or 30% correction of last 2 months. ZEC has been overbought, correction time to trendlines. Strong support at 80USD levels

It's time time for BTC to shine and it will bring media attention world-wide. Alts can be bought cheaper later on.

Sell your alts and don't look back. Lots of bull traps during this next week
Comments
rhb_3000
Nice chart
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