My last Zcash analysis was off due to improper wave counting. Still learning EW so there's some margin for error. I haven't traded off the last ZCash analysis. This one seems more likely though. The Zcash team has announced their upgrade protocols forthcoming (Sapling, then Overwinter), so having a good hedge for when people go all coocoo for privacy coins like last year is a sound idea. If you look, there were some fears that we may need to hide transactions, which is justified, but those fears sparked an event where Monero & Zcash spiked big time. This is likely to happen again!
In this 4HR candle chart, I have a FIB going back to the last big impulse last June. the correction that ensued has been a great time to grab a nice heavy bag. The trendline gives a clue that we may be onto a wave 3 impulse up to FIB 0.5 after the first 2 elliot waves. I have been accumulating ZCash (0.35 -.04 BTC`) and looking for a big impulse up in anticipation of a wave 3 impulse up with BTC`.
I also believe fundamentally in this coin, I have used it and the fees are astronomically low. It is extremely low in current emission, the ZK_Snarks protocol is being adopted by Ethereum, nuff said! I think in a few years people are going to be FOMOing hard for this one, I'm gonna be ready!
This coin is a long hold of mine and I would not be surprised to see it in the top 10 in the Coin Market cap this year. That being said, this chart is for my own analysis and not to be used as financial advice!
In this 4HR candle chart, I have a FIB going back to the last big impulse last June. the correction that ensued has been a great time to grab a nice heavy bag. The trendline gives a clue that we may be onto a wave 3 impulse up to FIB 0.5 after the first 2 elliot waves. I have been accumulating ZCash (0.35 -.04 BTC`) and looking for a big impulse up in anticipation of a wave 3 impulse up with BTC`.
I also believe fundamentally in this coin, I have used it and the fees are astronomically low. It is extremely low in current emission, the ZK_Snarks protocol is being adopted by Ethereum, nuff said! I think in a few years people are going to be FOMOing hard for this one, I'm gonna be ready!
This coin is a long hold of mine and I would not be surprised to see it in the top 10 in the Coin Market cap this year. That being said, this chart is for my own analysis and not to be used as financial advice!