Tiger_Style

ZCash/BTC Simple Trends

KRAKEN:ZECBTC   Zcash / Bitcoin
Bouncing back from December 7th lows, ZCash may be one of the underrated coins of 2017. I must admit, I overlooked it to for most of the year. But after learning more about its history and security/privacy attributes, I'm very bullish on it. Recent surge in volume between 9/23/17 and 1/15/18 indicate more interest in ZEC compared to the recent accumulation period and lower volume during most of 2017.

Privacy based coins - due to the possibility of regulation in the US, I believe that privacy based currencies can fill the void while ETH and BTC continue to upgrade (albeit with great caution) the privacy aspects of their protocols.

If BTC goes on a bull run it is liable to take ZEC with it. Still, a 0.1 BTC psychological resistance is in play since we havent seen 0.1 BTC since early July. If we see a breakout from 0.1 BTC in January, we could see 0.25 BTC levels quickly.
Trade active:
Still accumulating at .04 BTC, albeit slowly. After the bear market concludes, looking for a solid 5th Wave bounce to new resistance.
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