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...
How do Dash, LTC and ZEC move against btc? Can we learn anything from their relative movements?
Orange arrows indicate the tops in altcoins which usually results in a stall or minor consolidation in btc price
Blue arrows indicate bottom of alt moves and either coincide with or lead the rise in btc price.
Check the fib retracements to check for potential...
ZEC has bounced off its 100 day moving average (pink line) and found strong resistance at diagonal lines 2 and 3 as well as long term support line z (green).
Support is offered by diagonal trend line 4 and long term support line y
If the RSI can continue in an upward move above its trendline toward 70, we can see resistance line z approached again.
If the RSI...
The king of the dark side is awakening. Bitcoin's archenemy has been summoned to conquer what has been divided and complete what was unintended.
Znach, the new challenger, a flying snake, is very different to Bitagon. This dark, anonymous side, is hollow in uncertainties and satiated in mystery.
Short term neutral until ZEC crosses back above the 100 day moving avg (pink line). Watching to see if ZEC follows blue line 4 or blue line 5 (red lines x,y and z will offer support or resistance in zone 4). ZEC has built a pennant formation (blue lines 4 and 5) with nice decreasing volume (red circle zone 4). If ZEC crosses above the upper diagonal trend line #5,...
I've been going on and on about Zcash, I hope some of my followers are in the trade with me and my clients. Great profits already, and more to come with some luck.
If we move above resistance after today, we will continue trending up. ZECEUR could easily hit 120-152, and if above that, the weekly could see us hit 220 eur...The first fundamental key level...
Interesting coin. Nothing more to say so far. Let's see how this plays out.
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts. If you earn...
Multiple reasons for this trade:
Rising trendline since 0.021 bottom remains.
Horizontal support at 0.042
A 68 million market cap coin... there's a lot of room to grow here, while alternative cryptocurrency are hot right now
Tight stop loss at 0.047 is possible (little loss if the trendline does not hold)
Possible BTC correction:...