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.
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Nailed it...
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Nice breakout, hold your ZEC. If you swapped, it was a good choice.
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Looks about right, I'm holding ZEC, it is acting strong relative to its competition and BTC overall.
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ZECBTC acts relatively stronger than other coins in the 'sector' (DASH and XMR)
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Apparently, XMR might have a technical flaw, this could be THE catalyst for Zcash to rally! ZECUSDT/XMRUSDT
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Acting strong, continues to look appealing, relative to the other coins in this 'sector'.
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This idea has proved to be profitable all this time.
Trade closed manually
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I would exit ZEC, at least by 75% and swap back to DASH and LTC, maybe some XMR.
great ivan i always follow your chats and ideas just awesome thnx
IvanLabrie
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@supporter, thanks. It was a great setup, the chart reflected my opinion, of money flowing from DASH and XMR to ZEC. Seems like it's a very real possibility, let's be patient now.
You think ZEC has come to the end of it's run for the time being??
IvanLabrie
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@RJHumphries, relative to DASH, perhaps.
JorgeNunez
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Thanks Ivan, really good analysis between the altcoin. Congrats!
IvanLabrie
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@JorgeNunez, you're welcome. I think it was a timely swap for sure.
ZEC was a good performer in my portfolio, even though I missed the DASH rally.
I'm long both now, but reduced my ZEC exposure by a lot.
manituren
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@IvanLabrie, love your work (analySis)
Any new ideas or comments on ZEC? - i sold my ZEC few days ago just before ZEC explorded. Now i dont Know if i dare buyin.