It doesn't have a good situation and we are sat on a TL right now (4H). I expect to break the bottom. Only buy if it reaches the 6000 zone or after a confirmed break above 8000. If 6000 support gets broken and price reaches to 5000 we need to analyze it again but mostly I expect an impulse bullish move Targets: 8000 10000 12300 Stop loss 6000 TLs: 12 Aug - 14...
Zcash looks very impulsive to me at the moment. I wasn't expecting such a fast correction down to the .618 fib retracement level but this could mean we could get a big bounce in the next week or two. August should be a good month for Zcash.
Very healthy shakeout going on here. We’re in a bull market, I’m buying the blood. Scaling in between here and $68. *This is not financial advice and I am not a financial advisor*
With Greyscale and Gemeni being very publisc about how bullish they are on ZEC, I have to assume this structure has a great chance to break up. Shit's about to get real for ZEC =)
Being all in on Zec since 1 million Satoshi price, I am naturally a little biased. However, there is a bullish divergence on this high time frame Zec/Btc pair. I believe this pair will naturally find a balance at above 2 million satoshis as the zcash halving approaches next fall. Keep in mind how much power and control the Zcash miners have to keep price...
Zcash left accumulation and draw an uptrend ( higher highs and higher lows ) . All impulses are accompanied with good volume We dont have any strong resistance to our way to 140$ .
This is a follow up to the update I posted an hour ago. As shown, there is a clear repeating pattern occurring with a break down from the purple triangles and a later break up from the blue triangles. Following the channel hold which occurred at 106, I expected either a retest of the channel at 107-108, followed by a breakout of the triangle and up towards the 125...
As predicted in my last analysis, Zcash dropped down from the tight area it was in and found support at the bottom of the channel at the 105-107 area. From here Zcash may continue to bounce around inside the area between the bottom of the channel and the blue triangle before a break above the triangle, or it may simply break above the channel. As before, upon a...
Zcash is shown to be in a clear uptrend channel (in black). Despite various movements below the channel and into the black dotted area, Zcash has continued to pull back up into and respect the channel. Currently, Zcash is caught in a tight area and may make a small break to the downside with potential support around 105-107 at the bottom of the channel. If support...