IvanLabrie

ZEC/DASH+XMR: Probably good to swap your XMR and DASH for ZEC

Long
IvanLabrie Updated   
Looks like a turning point here in the ratio chart of these coins pitted against ZEC. ZECEUR and ZECXBT hit a huge support level which is an ideal long entry, so, if interested in riding the potential uptrend continuation play in it, consider taking at least partial profits from any holdings in DASH or XMR that you may have, to invest in ZEC. It is relatively stronger now, and also cheaper, so, it might catch up to these two other similar assets.

Cheers,

Ivan Labrie.
Comment:
Nailed it...

Comment:
Nice breakout, hold your ZEC. If you swapped, it was a good choice.
Comment:
Looks about right, I'm holding $ZEC, it is acting strong relative to its competition and BTC overall.
Comment:
$ZECXBT acts relatively stronger than other coins in the 'sector' (DASH and XMR)
Comment:
Comment:
Apparently, XMR might have a technical flaw, this could be THE catalyst for Zcash to rally! $ZECUSDT/XMRUSDT
Comment:
Acting strong, continues to look appealing, relative to the other coins in this 'sector'.
Comment:
This idea has proved to be profitable all this time.
Trade closed manually:
I would exit ZEC, at least by 75% and swap back to DASH and LTC, maybe some XMR.

🔒Want to dive deeper? Check out my paid services below🔒

linktr.ee/ivanlabrie
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.