Here we go, trend seems to be getting more and more bullish. I'd expect the rally to start some time this week.
It seems that ZCash will be accumilating for some time before revealing the next move. For now, I'd expect it to reach the major resistance at $35.3. Then consolidation will either start or we'll see a break above, stimilating buyers to enter long positions. On the other hand rejection of this level would lead to either another accumulation phase or could even...
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I am watching this upport very closely. Considering I am all in Zcash, will exit if there will be a confirmed break below.
I am watching the Gann Fan trendline for either rejection or breakout. Currently the 15m, 1h and 3h candles all closed above it, which could be the end of the downtrend. Lets see how it turns out.
Here is what I see as a strong buy confirmation on ZEC which would potentially confirm the bull run.
One of the core features that missing in BTC is privacy. Zcash might be able to fix this issue and reach mass adoption, and if succeed, price will skyrocket. Zcash could be in demand on all decentralized exchanges to hide "buying and selling power". Actually there are too many use-cases for it and I think that privacy coins will be in great demand in coming...
Here are some key levels I am watching in the long run. Pehaps would be of use to you too ) Good luck
As long as price stays above the key support, ZEC will continue to gain agains the BTC
We are holding a key support. Accumulation is comming to an end. New bull cycle is about to start.
Monero bouncing off the support while ZCASH already showed a buy signals. Seems like these two are going up big time
Soon we'll see a massive move in alts, whether short term or long term yet to be seen. But I'd expect ZEC/USDT to hit $100 mark in coming weeks.
Zcash starting to look very attractive, especially after showing bullish divergence and rejecting key support. Zec could double BTC value in the coming weeks, so yes it is a short term price spike that I'd expect. Only if support holds.
Resistance is being rejected, if price will bounce off, then it will be a heavy sell
Z cash is looking to break out of resistance in very short term