My first chart so open to feedback. Edge to edge done, kumo brekaout and bullish TK cross. Unsure about cloud still being bearish. Don't need the sym triangle to figure out that price will edge to bottom of cloud.
$ZEC bullish fractal is going to play out. Attention from ZCL is also going to ZEC. Volume looks good after trend line break on the hourly TF. Early bird gets the worm here - hold until $ZEC hits .1 $BTC
ZEN is a particularly undervalued anon coin at $132 million. I have a feeling it will follow its parent coin, Zclassic(ZCL), to the moon.
ZEC is a coin that's been falling on the ranks of CoinMarketCap as new and more "exciting" coins are introduced or discovered. A lot of FUD exists around the mining and distribution of the coin, however, one cannot underestimate the tech that ZEC is built on - zk-SNARKs " are the single most under-hyped thing in cryptography right now." - Vitalik Buterin...
If the support holds at .32000 +/- then we can see an uptrend to .55 +/-. Possible Elliot Wave set up where .32 i s the 4th point and .55 would be 5th point. Need to hold support at .32 to verify. EMA crossing back so if it breaks below .32 then we look for another support line around .30
Will revisit this chart in a week or two and see how I did.
ZEC has been on a down trend for a while now; waiting for zcash news or a turn around in its progression.
# Source Pair Volume (24h) Price Volume (%) Updated 1 Bithumb ZEC/KRW $33,413,400 $686.30 21.36% Recently 2 HitBTC ZEC/BTC $22,494,500 $530.21 14.38% Recently 3 Binance ZEC/BTC $13,708,600 $530.62 8.77% Recently 4 Bitfinex ZEC/USD $13,549,400 $525.16 8.66% Recently Rank 21 WILL TO Rank 15
Short here. Bad decisions on the devs part. Good to trade their enthusiasm and foolhardiness though.
ZEC is looking really hot - the only privacy coin that hasnt pumped yet. First target is the green bar
There's a nice bear pitchfork that has formed on the ZEC/BTC chart. Watch for touches of the bands here for entries into swing trades.
Clear ascending triangle. Zcash is under the radar of most people and like Dash will reach 1k soon given its more sustained and slow increase in value.