The price returns above 300.00 level and SMA100. It can be a signal that the uptrend will be continued. The daily chart gives us a bullish signal. Based on the 4H chart we can see that RSI confirmed price reversal and MACD supports upward movement. It's trading opportunity. Pending orders for buy can be placed at 322.50 level with stop at 252.00 level. Profit targets are 360.00 and 400.00 resistance levels. The part of trade volume can be left for long run.
Your analysis @DLavrov would work under normal circumstancies. In this fluctuation of BTC and upcoming downtrend (9800-10.000), zec might pullback on 300 or mby even less, so then will be good time to buy.
Btw, you 're trying to persuade people to buy on 316 (headline says so), but we saw prices 275$ right before, and you didnt call to buy then and sell on on 330).
Now btc might drop, it will (most probably other currencies), so i personally dont think it's a good time to buy ZCASH at this point. Wait for btc drop, then ZCASH will drop, and when btc goes to 11k (right after) other curriencies will also become stronger, so then you cashout your positions.
TauCeti
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@milanjelic,
Agree, good explanation. @DLavrov made so many calls on Zcash, and basically, all was fake.
alter.daemon
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@milanjelic,
You are so wrong that it is pain to read it. Author of this post is basing his ideas on strongly confirmed signals (which may be admittedly a bit late) rather then conjectures.
Cheers
milanjelic
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@ALTER.daemon, i preffer strong porfolio, rather than strong signals or conjectures
Cheers
@milanjelic, When the market is giving you signs of upward movement, you buy high and sell higher. If you wait for dips to open your positions, you're gonna miss a lot of opportunities to make money.
milanjelic
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@AitchTee, I' glad i missed most of so called " opportunities"
But shhhhhhhhhh, that's the reason i didn't cashout loss
DrStein
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@milanjelic, if you can predict the market better than DLavrov why dont you post some TA for the same coin and then you can compare your results with his results. You can increase your followers if you can predict the markets better than the top analysts in here.
Btw, you 're trying to persuade people to buy on 316 (headline says so), but we saw prices 275$ right before, and you didnt call to buy then and sell on on 330).
Now btc might drop, it will (most probably other currencies), so i personally dont think it's a good time to buy ZCASH at this point. Wait for btc drop, then ZCASH will drop, and when btc goes to 11k (right after) other curriencies will also become stronger, so then you cashout your positions.