Not a bad area to buy Zcash. After massive crypto dump zcash managed to hold above important level. Previously last 2 times above this level it dumped right back below but now looks like support has formed there. COINBASE:ZECUSD
There is a possibility that ZCASH or ZECUSD reaches an ATH (All-Time-High) in this 2021 Megabull at $2,500-2,800 which would be a whopping 10,000% from the the $21 bottom as seen in my green projection. Of course higher is also possible but if needed I will update this chart near October 2021.
Technical analysis wise we do see ultra TWO bullish...
ZCASH Possible targets for 2021
The STOPLOSS is dynamic. If the price falls below the stoploss line, it should be exit due to the formation of a wedge pattern.
-it is not yet been pump
fasten your seatbelts.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
ZEC after breaking its resistance ,is moving slowly through an ascending channel. At this moment, it is on the bottom of channel and on the support so I am expecting the pump and breaking of resistance . In 4h and 1h, it hits LH and in a short time uptrend ,it will be able to find its route and reach its goals.
ZECUSDT reached 50% Fibonacci and forming a bullish flag.
ZECBTC we break out a global falling wedge and fixed above the support line
The token has been clamped below $ 100 for a long time, I see the potential to break these bullish formations up
Best regards EXCAVO
As per the previous analysis where my target was hit to perfection (what else is new?) and then a retrace, you can see ZEC did exactly as I said it would.
This is similar to nearly all my analysis where my target shown is reached and then a retrace, meaning that the 'meat' out of the trade is at it's highest and for those brave enough in a bull market (like me)...
Hey friends, hope you are well, and welcome to the new update on Zcash.
Previously I have posted the article when the price action of Zcash formed a big bullish Gartley and so far it has produced more than 122% rally:
The long-term up-channel: