ZEC versus BTC has been bleeding for several month now... I believe a correction upward is due. Last time (in January 2018) we dipped very low and bounced hard, and I'm expecting a similar scenario to happen in august. My stop-loss is below 0.005, but you are on your own here.
Zcash KRAKEN:ZECUSD holders are getting depressed , because this coin has not been performing very well. Good news is this coin is very solid for many reasons (Do your own research) and this price action is actually very good news for us. Only shitcoins do get rich-quick pump&dump. Please keep in mind catching the bottom is very risky, because it can...
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...
Bearish Divergence + descending wedge + wanna be annon
The chart will be updated after the break if you have your market view, please share it in comments Also, you can ask me questions... Have a great day everyone!
Price has a lower limit, can't go below zero!
I bought some ZEC just above 0.236 on the Fibonacci (Fib). Now I am waiting to see if ZEC will bounce a couple to times off the 0.236 Fib or keep nosediving down its wedge. If it breaks below 0.236 on the Fib I will wait to see out a complete retrace to 0 on the Fib plus a rise above 0 on the Chaikin Money Flow (CMF).
likely we will see another leg down if BTC keep going up parabolic again. then accumilation stage, it will be shorter than most people expected. best scenario 10x ZEC/BTC : 100x ZEC/USD 1 ZEC : 5000 USD / 1000 ZEC : 5million USD
Signal ZEC/BTC BUY Open 7242; SL 7038; TP 7993 Risk/Reward: 1/3.7