"zcash is a water based asset not a land based one, land based assets must resist the laws of gravity in order to increase in price, however water based assets rise up thanks to having the laws of buoyancy on their side, to get ahead in life collect water based assets"
when zcash fell to the bottom of the sea many assumed that it would be stuck there forever. but...
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Invest your money wisely, be patient.
Zcash has a lot of positive signs going for it.
- MACD had a decent rejection of the Bears
- RSI comes from a fairly stable flow around the 50, which indicates potential in the market for upward movement
- DMI is crossing on 12HR timeframe
- Healthy correction from 16th April high
- Steady upward movement
- Testing $267 resistance with persistence
ZCASH Possible targets for 2021
The STOPLOSS is dynamic. If the price falls below the stoploss line, it should be exit due to the formation of a wedge pattern.
Unified addresses are a game changer for Zcash!
The next gen is tech savvy. Where do you think these people would keep their money away from the prying eyes of governments, swiss bank accounts of which they have no control or the the blockchain with best privacy tech?
Based on fibs 60k is imminent in next 5-6 years!
-ZCASH has retraced 80% - 100% since Jan-Feb.
-Showing good levels of support as it moves up.
-Continuous higher lows shows still in uptrend
-Nice gap between 10/50ma over 200ma
-Knocking on the $200 door and now making new highs.
Watching for retrace and potential buy setups.
Hope you all have a great day! Thanks for your time!
Please like and...
Zcash was built on the original bitcoin codebase in 2016 and was created by professionals from a variety of institutions, for one: MIT scientist John Hopkins. Zcash is similar to many cryptocurrencies, the main difference being its privacy feature, in which Zcash transaction data ARE posted on the blockchain but AREN’T revealing of user’s wallet addresses.
Zcash is the one coin I don't want to chart about, I'd like it to stay cheap for a few years to accumulate, lmao.
It appears as though Zcash is about to break the red horizontal resistance of the pattern, and if not the green upward sloping support will need to hold for any validity of the pattern. Unless there's a fake-out to the downside.
On the RSI there is...
Hi, in the next couple of days we are getting ready for bullish momentum. We saw the support level $105-107 held very well + the support RSI(45) + SMA50. Now we are getting ready for resistance $149-152. If we break $150, the next target is $230. So be patient and don’t panic 🙌🏼
Warning: our thoughts are ours; not financial advice.
In our opinion, there's no better time to stack up ZCash than now. We are going to see it leave the train station soon. We think Bitcoin Cash will do the same.
Don't take our words for it, DYOR.