Hi friends hope you are well, here I have found another profit potential trading idea for you and this time I have found a harmonic move by Zcash (ZEC). The Priceline of ZEC is forming bullish Cypher pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
Lets have a look on the Zcash priceline's move:
Priceline of Zcash / US Dollar has formed a bullish Crab pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
RSI is oversold.
Volume profile is showing less interest of traders at PRZ level and MACD is strong bullish but...
How I converted from Zcash to BTC.
Last few months I devoted my time to investigate Zcash (going beyond technical analysts) and come to the conclusion that I need to sell all my ZEC position and buy BTC.
Since I haven't found concentrated/summarized thoughts at one place, I decided to make a tweet so others can find this useful.
So let me name few...
In my previous analyze I'm long for Zcash and I confirm again today, Zcash it's the last one who doesn't really pump. We should remember that the price for Zcash it had before it was 600 $. So we need a pump.
The whales has ready I can feeling that ;)
ZEC has been on a tear lately with the listing of ZRX just spurring more excitement in the hopes that it could be next. We could see an inverse head and shoulders diagonally that has played out nicely and broke out yesterday and is currently on its way.
We did run into resistance right way as we can see with that wick straight up to the supply zone but the...
Alt Coin Analysis - Points out of 10
Date : Since 2016 ( 6 / 10 )
Volume 24 H : 14000 BTC -0.17% ( 7/ 10 )
Available Markets* ( 9 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **20 ( 8 / 10 )
Website ( 8 / 10 )
Type private, untraceable cryptocurrency
Overall ( 8 /10 )
I invested heavily for ZCash in Oct 2017 . Result ? My biggest disappointment in late...