Bearish Butterfly candle CD leg Incomplete, Safer buy above Resistance line.
ZEC usually move sideways, and when it does breakout it is fast and furious. Looking at ZEC from another perspective, the ratio of ZEC / XMR and ZEC / DASH we can clearly that this is technically more superior within the basket of anonymous currencies that's generally accepted (eg: listed in bitfinex) It is definitely a buy and hold. $300~$600 is in the books....
Going to new highs, the king of all coins is ready to take the chance. TP1: 0.15. TP2: 0.23. Related idea: Good luck :)
Sorry for the delays on this on guys! POLONIEX:ZECBTC in my personal opinion is one of the tops on my list and one of the most undervalued. Even thou It's too much speculation for me to put figures to it. What I do expect is a big spike soon and possibly some smaller spikes following. ZEC has a lot of potential ,The people involved such as Team, Investors,...
This is my first chart on ZCash, so I'm not super familiar with how this market works. Keep that in mind. That said, the support for ZCash at 973000 sats is pretty strong. I think if it dips below that line and hits the edge of the wedge we might see a bounce back up. I don't think we will see an insane spike like a few days ago, probably more like a slow build...
This is a nice cup a,d handle for the ZEC. Be ready for the next pump!
In my opinion, ZEC coin will pump again today because it is in a flag. And also it is following the same pattern chart than yestarday!
:D saw a good setup to buy thought I would share!
I think ZCASH is undervalued, consolidation seems over. So all signs good vor ZCASH.
Expect a rise in price.
JPMorgan Partners With Zcash on Blockchain Security www.coindesk.com Market Cap $339,579,848 138,432 BTC Volume (24h) $53,620,700 21,859 BTC Circulating Supply 1,373,494 ZEC
After JPMorgan news we can expect some bull flag consolidation and when the ATH will broke nobody will stop it. Also we can expect ZCash be the next coin break the billion dollars market cap, so, stay tune
Zcash is forming a red triangle while bouncing off of the bottom of zone 3 (lower part of diagonal channel) If we can see enough strength to pass through the 38% fib retracement, the 100 day moving average (pink line) and the red triangle we could see a move to to roughly 110 USD ( line y, 23% ret and upper red trend line resistance). Watch for RSI to approach...
ZCash was one of those crypto currencies that went bearish from day one. Just recently, it stopped it's bearish movement and went side ways with a nice stable movement. As you can see in the chart, it is making a triangle in daily chart and had contacts with the top edge for two times. Now, the next time it touches the top edge, there is a big chance it will break...
ZEC is due a pump. Wouldn't hold it for long because supply will still 10x during the next 2 years Buy any zec within the blue channel or wait for the breakout.
There's a nice entry point on Zcash right now. Expecting it to hit atleast 110€ soon.